Faced with the existing lender of this fix-and-flip triplex backing out mid-project — as well as multiple declines by other lenders — the investor needed a deal with the certainty to close, quickly. Velocity’s flexible underwriting, fast processing and
After the investor’s loan was rejected by another lender, the broker called us. A quick close, simple underwriting and flexible terms were key. Velocity stepped in to help the investor maintain the purchase deal and acquire the property with
The investor of this luxury waterfront SFR needed financing to pay off their construction loan. Our Flex I/O mortgage program provided an interest-only, two-year term loan with lower overall closing costs and time to refinance once rates for a
The experienced real estate investor seeking a long-term, fixed-rate, high-LTV loan for this 5-bedroom single-family rental property needed the flexible underwriting of our asset-based FlexTerm mortgage program due to a low credit score. Their real estate investment experience allowed
After a hard money purchase loan for this warehouse fell through due to a low LTV and added costs, the broker turned to Velocity. Our speed and flexibility allowed us to fund the loan with a higher LTV using
We funded the purchase of this 120-unit multi-family complex with a 3-year fixed, 30-year, fully amortized adjustable-rate mortgage.
We funded the purchase of this warehouse with a 8-year fixed, 30-year fully amortized adjustable rate mortgage for a first time investor.
We funded the purchase of a commercial office in this building with a 3-year fixed, 30-year fully amortized adjustable rate mortgage.
We funded the purchase of this single family investment property in only 14 business days from submission to funding with no credit score or W-9s requested. The broker’s fee for this transaction was $83,588.
We funded the purchase of this Investor 1-4 with a 3-year fixed, 30-year fully amortized ARM. This sale earned the broker a $19,250 commission. Velocity is a nationwide direct portfolio lender specializing in financing commercial and investment properties for