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Diversified Mortgage Co.
Irvine, CA·Founded 1985·1 state
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $50K – $5M
- Typical term
- 6 mo – 48 mo
- Interest rate
- 7.5% – 7.75%
- Origination / points
- 2.5% to 3%
- Minimum FICO
- 400
- Lien position
- 1st
- Prepayment penalty
- 6 months
- Payment structure
- Interest Only
- Recourse
- Always
- Closing speed
- 8 days typical · 3 days fastest
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Loan Application
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA