Finance of America Commercial - Trusted Lending Partner at LoanFactory

Finance of America Commercial

Address: 300 Welsh Road Building 5, Suite A, Horsham, PA 19044

https://facolending.com/

Internal Reviews

(5 reviews)

Total loans closed with Loan Factory
17,923

Total loans closed with Loan Factory (past 12 months)
14,520

Lender overview

Basic information

QM Program

N/A

Loss Payee

CPL or Subordinate Clause

N/A

Lock policies & Fees

Lock Policies

Lock extension

1 day : 0.020
3 day : 0.050
5 day : 0.125
10 day : 0.200
15 day: 0.300

Relock

Relock: 0.30 + Worse Case

Lock & Shop

Lender's niche & Overlays

Lender's Niche

DSCR, Short Term fixnflip, Bridge, and New Construction!

Lender's overlays

Lender turn time

Initial underwrite (days)

N/A

CTC conditions review (days)

N/A

Initial CD (days)

N/A

Review - Finance of America Commercial

4.6

5 reviews

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