Defy Mortgage, LLC

Address: 1030 16TH AVE S, FL 2, Nashville, TN 37212

https://defymortgage.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
0

Total loans closed with Loan Factory (past 12 months)
0

Lender overview

QM Program

N/A

Loss Payee

Defy Mortgage, LLC ISAOA, ATIMA 1030 16th Avenue S 2nd floor, Nashville, TN 37212

CPL or Subordinate Clause

Defy Mortgage, LLC ISAOA, ATIMA 1030 16th Avenue S 2nd floor, Nashville, TN 37212

Lock Policies

Lock extension

Yes

Relock

Yes

Lock & Shop

Lender's Niche

Non-QM = DSCR, Bank Statement, P&L, Asset Depletion

We can do DSCR in most states but some of those require the LO to also be licensed.

DSCR 1-4 & DSCR 5-8 Units Max Loan Amounts Up to $4M @ 70% LTV

$75K Minimum Loan Amount

No Seasoning Requirements for Cash-out Refis STR Minimum .75 DSCR

Unlimited Properties Financed –

Primary, 2nd, Investment, DSCR 5-8 units 640 Minimum FICO

Can Qualify at I/O Payment Up to 80% LTV

1st Time Investors (Min 1.25 DSCR Ratio) Living Rent Free w/ No Experience for Some Programs

Lender's overlays

Exceptions to policy will require a min of .25 pt

Escrow waiver .25%

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - Defy Mortgage, LLC

0.0

Stars

Sort by

We use cookies to ensure the most optimal browsing experience on our website. By visiting our site, you are agreeing to the use of these cookies.