Velocity Commercial Capital

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
17,928

Total loans closed with Loan Factory (past 12 months)
14,521

Lender overview

Basic information

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VELOCITY COMMERCIAL CAPITAL, LLC ITS SUCCESSORS AND/OR ASSIGNS ATIMA 30699 RUSSELL RANCH RD, SUITE 295 WESTLAKE VILLAGE, CA 91362

VELOCITY COMMERCIAL CAPITAL, LLC ITS SUCCESSORS AND/OR ASSIGNS ATIMA 30699 RUSSELL RANCH RD, SUITE 295 WESTLAKE VILLAGE, CA 91362

Lock policies & Fees

Lock Policies

N/A

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No

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

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1

3

Review - Velocity Commercial Capital

5

1 reviews

5

4

3

2

1

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