Open Mortgage Wholesale, Roundhouse Lending
3211 Internet Boulevard, Suite 300, Frisco, TX 75034
https://www.openwholesale.com/
Internal Reviews
(5 reviews)
Total loans closed with Loan Factory
43
Total loans closed with Loan Factory (past 12 months)
10
Lender overview
Basic information
GenWay Home Mortgage Inc., ISAOA/ATIMA 2801 Network Blvd., Suite 600 Frisco, TX 75034
GenWay Home Mortgage Inc., ISAOA/ATIMA 2801 Network Blvd., Suite 600 Frisco, TX 75034
Lock policies & Fees
Lock Policies
0.025 cost per day
Subject to worst case pricing and 0.25 cost
Lender's niche & Overlays
FHA VIP - 96.5% LTV FHA Alt Doc - WVOE From a Valid Employer with Web Presence and Active on SOS, providing two years of income. Supported with a 1 Month Paystub, and no other income docs required.
FHA Down Payment Assistance (3.5% with Silent Second or up to 5% Fully Amortized) DreamBuilder (Earned Equity product - 3.5% ITIN) NonQM - WVOE NonQM - P&L Only NonQM - DSCR
***WARNING*** DREAMBUILDER PROGRAM - extended underwriter turn times. Prepare for 45-60day closing. TBD UW preferred on this product
Overlays on DPA & FHA.
2 tradelines less than 12 months will downgrade to Manual Underwriting
Lender turn time
2
2
1
Review - Open Mortgage Wholesale, Roundhouse Lending
3.0
5 Google Reviews
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