Lendz Financial

Lendz Financial

888 East Las Olas Boulevard, Suite 301, Fort Lauderdale, FL 33301

https://lendzfinancial.com

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
18,296

Total loans closed with Loan Factory (past 12 months)
14,771

Lender overview

Basic information

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Reliable Holdings Manager, LLC DBA Lendz Financial ISAOA/ATIMA 888 East Las Olas Blvd Suite 301 Fort Lauderdale, FL 33301

Reliable Holdings Manager, LLC DBA Lendz Financial ISAOA/ATIMA 888 East Las Olas Blvd Suite 301 Fort Lauderdale, FL 33301

Lock policies & Fees

Lock Policies

2 Bps per day

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No

Lender's niche & Overlays


1) Easiest Foreign National Product in the Market:  NO VISA, NO REF LETTERS, NO CREDIT, NO LARGE DEPOSIT SOURCING, and can wire funds directly to closing agent from home country.  75% LTV, Loan amount to $3MM

2) 1st TIME Home Buyer DSCR:  Max 70% LTV, Min 720 FICO, Min 1.00 DSCR, Max Loan $750K, Min Loan $150K, Must take title in name of LLC.

3) TRUE 12/24 Month P&L Product:  No Business Bank statements needed, also can use PTIN to complete SE verification.   Min FICO 660, up to 85% LTV

4) CROSS COLLATERAL PRODUCT:  Minimum 3 properties required, Min DSCR of 1.2, 70% LTV with 660 FICO, and cash out to 65%.


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Lender turn time

1

2

1

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