ALTLOAN™ Announces their Partnership with a New Capital Markets Partner
AGOURA HILLS, Calif. (PRWEB) December 19, 2018 -- ALTLOAN’s Management brings over 100 years of lending expertise as one of the top producing Non-QM lenders in the nation. ALTLOAN has now announced it has brought on a new capital market partner. This advancement enables the company to offer the widest Non-QM product menu available on the market, that ALTLOAN can plug into their proprietary technology, providing certainty-of-close to third party originators of Non-QM loans.
“Our new partner is able to provide the back-end infrastructure and operating expertise that complements our online Pricing Eligibility Engine & Self-Service Loan Portal for Non-QM (non-agency and hard money) mortgage financing,” said Blake Scheifele, Co-President of ALTLOAN.
This simplified and reliable approach to alternative lending is expected to disrupt the wholesale lending
industry by providing Third Party Originators with an efficient way to grow their Non-QM funding’s. “We have eliminated the complexity and streamlined the submission process offering day one certainty,” said Brent Houston, Co-President of ALTLOAN.
Product offerings include:
• Jumbo Prime
• Portfolio Full Doc & Alternative Doc
• Alt-A and Non-Prime Credit Grading
• Investor DTI, DSCR and No Doc
• Foreign National
• Bridge and Fix & Flip
• ITIN
ALTLOAN brings together the expertise and innovative mindset of experienced alternative lending industry veterans including Co-Presidents Blake Scheifele and Brent Houston, and Production Manager Eric Rogers.
ALTLOAN is a DBA of BM Real Estate Services NMLS:103098
Blake Scheifele, ALTLOAN, https://www.ALTLOAN.com, 424.252.2728, [email protected]
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