Dunmor is a nationwide direct private lender specializing in fast, flexible Fix-and-Flip bridge loans, Ground-Up Construction, Short-Term Bridge, and DSCR Rental financing for residential and multifamily real estate investors.
Credit Report, Bank Statements, and Loan Application Required. No W-2s or tax returns required on short-term programs. DSCR loans qualify on property cash flow - minimum 1.25 DSCR. No personal income documentation required on DSCR programs.
Borrower entity
LLC, LP, and Corporation Required. No loans to individuals. Personal guaranty always required on all programs. Foreign nationals accepted. No 2nd mortgages or gap funding.
Experience required
No Experience Required for Fix-and-Flip and Bridge. First-time investors welcome. Ground-up construction requires a minimum of 3 prior completed projects. Multifamily programs may require prior multifamily experience - contact Dunmor directly.