Wholesale Mortgage Direct
14100 Palmetto Frontage Road, Miami Lakes, FL 33016
https://wmd.mortgage/
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Total loans closed with Loan Factory
17,923
Total loans closed with Loan Factory (past 12 months)
14,516
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Lender's niche & Overlays
WMD's Solutions Team is available 7 days per week, including nights and holidays. We don't like voicemails either; therefore, if you call us, we answer 98% of the calls within three rings. Go ahead and test us now: 786.860.5891 (or you may email us at Solutions@WMD.Mortgage)
We fund Non-QM and Reverse Mortgage loans that our competitors can’t.
Non-QM: we offer the industry’s most robust product offering including – but not limited to – the following:
- Comprehensive programs with flexible guidelines. We lend our own money - if we like the loan, then we fund it.
- No ratio for NOO
- Cross collateralization
- Up to 55% DTI full doc or alt doc
- Max loan amount of $4.0 MM
- Texas cash-out 50(a)(6)
- Foreign National and Non-Permanent Resident Alien loan solutions
- Transferred appraisals are acceptable
- 2–8 unit mixed use DSCR
- 5–10 unit small apartment building DSCR
- 2nd mortgages for OO, 2nd homes and NOO from $75k up to $600k
Our reverse mortgage, HECM loan solutions have NO overlays to FHA’s 4000.1 – We want the tough files, we close reverse mortgages other lenders can’t!
From innovative product solutions to fantastic pricing to neck-breaking turn times to industry-leading pricing, WMD is turning the wholesale mortgage industry upside down. Our business purpose loans can close in as few as 5 business days from submission and our consumer loans may close in as few as 10 business days.
We intend to earn your business. Please reach out to us with ANY NonQM or Reverse scenarios! It is important to note that we accept transferred appraisals; so, if you have any loans in-process that you would like for us to review, we are more than happy to do so.
Make Mortgages FUN(D) Again!
WMD's Solutions Team
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