REMN Wholesale
194 Wood Avenue South, 9th Floor, Iselin, NJ 08830
www.remnwholesale.com
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
16
Total loans closed with Loan Factory (past 12 months)
13
Lender overview
Basic information
Conventional
Home Ready
Home Possible
FHA
FHA Streamline
FHA 203(b)
FHA 203(h)
VA
VA IRRRL
VA High Balance
VA Jumbo
USDA
USDA Streamline
HOMEOWNERS INSURANCE (INCLUDING HAZARD, FLOOD, WIND, HAIL, ETC.) ServiceMac, LLC ISAOA/ATIMA P.O. Box 29411 Phoenix, AZ 85038-9411
TITLE INSURANCE AND CLOSING PROTECTION LETTER HomeBridge Financial Services, Inc. DBA Real Estate Mortgage Network ISAOA/ATIMA 99 Wood Avenue South Suite 301 Iselin, NJ 08830
Lock policies & Fees
Lock Policies
1 day free
2-7 days 0.125
8-15 days 0.25
16-30 days 0.5
N/A
Yes
Lender's niche & Overlays
Stand alone 2nds in 5 days (no underwriting)
3-2-1 buydowns
Condotels
TBD underwrites and 24 hour income calculations
ITIN conventional (need EAD card and VISA)
LP Accept with any fico (MI needs 620)
100% VA cash out jumbo refer
1st and 2nd combo loans up to 89.99% CLTV
Renovation loans (203k and Homestyle)
Pick from 16 AMC’s for govy loans
Can add 1500 TC fee to refi’s and purchases
DSCR (no ratio and use of VRBO rents)
Business and Personal Bank Statements (we calculate before disclosures) 90 ltv
1099 only (recent W2 conversion), Asset Depletion, P/L (no need for bank statement)
90ltv Jumbo
Manufacture homes (single wide too)
No Fico FHA or low fico (have done 560 fico refer)
Condotels
TBD underwrites and 24 hour income calculations
ITIN conventional (need EAD card and VISA)
LP Accept with any fico (MI needs 620)
100% VA cash out jumbo refer
1st and 2nd combo loans up to 89.99% CLTV
Renovation loans (203k and Homestyle)
Pick from 16 AMC’s for govy loans
Can add 1500 TC fee to refi’s and purchases
DSCR (no ratio and use of VRBO rents)
Business and Personal Bank Statements (we calculate before disclosures) 90 ltv
1099 only (recent W2 conversion), Asset Depletion, P/L (no need for bank statement)
90ltv Jumbo
Manufacture homes (single wide too)
No Fico FHA or low fico (have done 560 fico refer)
Allow lender credit to cover BPC.
None
Lender turn time
1
1
1
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