Velocity Commercial Capital
30699 Russell Ranch Rd # 295, Thousand Oaks, CA 91362
https://www.velocitymortgage.com/
Internal Reviews
(1 review)
Total loans closed with Loan Factory
18,039
Total loans closed with Loan Factory (past 12 months)
14,594
Lender overview
Basic information
VELOCITY COMMERCIAL CAPITAL, LLC Its Successors and/or Assigns, ATIMA, 2945 Townsgate Road, Suite 110 Westlake Village, CA 91361
VELOCITY COMMERCIAL CAPITAL, LLC Its Successors and/or Assigns, ATIMA, 2945 Townsgate Road, Suite 110 Westlake Village, CA 91361
Lock policies & Fees
Lock Policies
N/A, we do NOT LOCK loans rates good with approval for 30 days
N/A
Lender's niche & Overlays
PROPERTY TYPES:
1-4 units Residential Mixed Use, Multi-Family 5+, Retail, Warehouse/Industrial, Automotive & Assisted Living !!
NICHE PROGRAMS:
* FAST 50% LTV -ALL PROOERTY TYPES (NO minimum score requirement)
* FIX N FLIP BRIDGE (up to 75% purchase & 70% Refi)
* FIX N FLIP ARV (up to 90% LTC not to exceed 75% ARV)
* SELLER CARRY BACK (UP TO 90% CLTV)
* NO RATIO DSCR (SHORT TERM RENTALS OK)
* FUNDING LOANS UP TO $5M
PROGRAM HIGHLIGHTS:
* NO INCOME DOCUMENTATION (ALL PRODUCTS)
* NO SEASONING ON DEPOSITS
* NO RESERVES
* SELLER CARRY BACK (UP TO 90% CLTV)
* NO SEASONING OF OWNERSHIP!
* BLANKET LOANS UP TO 10 PROPERTIES
NO OVERLAYS - DIRECT LENDER | DIRECT TO DECISION MAKERS
Lender turn time
2
1
N/A
Review - Velocity Commercial Capital
5
1 reviews
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