Nations Direct Mortgage - Trusted Lending Partner at LoanFactory

Nations Direct Mortgage

Address: 2475 Village View Drive, 100, Henderson, NV 89052

http://www.myndm.com/

Internal Reviews

(1 review)

Total loans closed with Loan Factory
17,923

Total loans closed with Loan Factory (past 12 months)
14,516

Lender overview

Basic information

QM Program

Conventional

Home One

HomeReady

Home Possible

FHA

FHA Streamline

FHA DBA

VA IRRRL

Loss Payee

NATIONS DIRECT MORTGAGE, LLC C/O PHH Mortgage ISAOA/ATIMA PO Box 5954 Springfield, OH 45501-5954

CPL or Subordinate Clause

NATIONS DIRECT MORTGAGE, LLC C/O PHH Mortgage ISAOA/ATIMA PO Box 5954 Springfield, OH 45501-5954

Lock policies & Fees

Lock Policies

Lock extension

1st& 2nd Lock Extension: 0.015/ day
All Additional Extensions: 0.025/ day
Max lock extension request 30 days/ 60 days total

Relock

Relocks are worse case plus the applicable extension fee above.

Lock & Shop

Yes

Lender's niche & Overlays

Lender's Niche

VA/FHA down to 550 fico, VA dti's > 55% per AUS. FHA Condo Spot Approvals, Manufactured homes, double-wide

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - Nations Direct Mortgage

1 reviews

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