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Updated over 9 years ago on . Most recent reply

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Joseph Heynen
  • Wasilla, AK
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lendinghome.com

Joseph Heynen
  • Wasilla, AK
Posted

Has anyone used Lendinghome.com? Did you have a good experience? Are they truly able to provide higher LTV and unconventional investment loans?

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Josh Stech
  • San Francisco, CA
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Josh Stech
  • San Francisco, CA
Replied

Hey Joseph - 

I am a Founding Partner and VP of Business Development at LendingHome. 

LendingHome is an online direct lender using best-in-class technology and institutional capital to soften costs, increase loan amounts and improve transparency in the mortgage process. 

See some of our Client Testimonials here.

At the moment we do focus exclusively on investor loans. We have 2 programs:

Soft Money - Perfect for fix and flips or bridge to a longer term hold loan. 6 or 12 month terms, up to 90% of purchase price and 100% of rehab. 1-2.5% origination fee + $300 flat fee for BPO and AVMs.  

Rental - Perfect for those who have hit their limit or don't want to deal with the brain damage of Fannie/Freddie, as well as those who don't have enough properties to get a portfolio loan. 30 year term, first 5 years fixed. 1-2.5% origination fee + $650 - $750 flat fee for Appraisal and AVMs.  

We;d be happy to talk to you about your business and how LendingHome can help. 

If you're an investor please reach out to [email protected] or call 844-415-4663. 

If you're a broker please reach out to [email protected] or call 415-234-4034.

Thanks

Josh Stech

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