Open Mortgage | Doorway Home Loans

Open Mortgage | Doorway Home Loans

3211 Internet Boulevard, Suite 300, Frisco, TX 75034

https://www.openwholesale.com/

Internal Reviews

(5 reviews)

Total loans closed with Loan Factory
24

Total loans closed with Loan Factory (past 12 months)
3

Lender overview

Basic information

Conventional
Home Ready
Home Possible
FHA
FHA Streamline
FHA_DBA
VA
VA IRRRL
USDA

GenWay Home Mortgage Inc., ISAOA/ATIMA 3211 Internet Blvd., Suite 300 Frisco, TX 75034

GenWay Home Mortgage Inc., ISAOA/ATIMA 3211 Internet Blvd., Suite 300 Frisco, TX 75034

Lock policies & Fees

Lock Policies

0.025 cost per day

Subject to worst case pricing and 0.25 cost

No

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 | Doorway Home Loans

3.0

5 Google Reviews

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