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Yahoo
2 days ago
- Business
- Yahoo
Logan Finance Launches Open Road Series: Seven Non-QM Solutions Breaking Down Barriers to Homeownership
HAUPPAUGE, N.Y., June 9, 2025 /PRNewswire/ -- Logan Finance Corporation, a top-five Non-QM lender, today unveiled its Open Road product series: seven specialized mortgage solutions transforming how mortgage brokers and correspondent lenders approach challenging loan scenarios. The suite addresses the financing gap affecting millions of creditworthy borrowers who don't meet conventional lending requirements. With more than 16.75 million self-employed Americans, per the National Employment Law Project, the Open Road series arrives as traditional lending criteria become increasingly disconnected from modern borrower profiles. "Every day, mortgage brokers and mortgage lenders encounter talented entrepreneurs, successful investors, and international buyers who deserve homeownership but can't check the conventional boxes," said Don Pace, CEO at Logan Finance. "Our Open Road series recognizes that the path to homeownership has evolved, and our lending solutions need to as well." The Open Road series features: Asset Qualification (Beyond) –Turn retirement accounts into keys. Perfect for your affluent buyers. Bank Statement (Overland) – Because tax returns don't tell the whole story. 12-24 months of bank statements can help. Condotel (Horizon) – Resort properties. Condo-hotels. Up to 75% LTV financing. DSCR (Autobahn) – Airbnb-ready financing. DSCR for vacation rentals up to $1.5M at 70% LTV DSCR: No-Ratio (Accelerate) – Qualify on guarantor's FICO, property LTV and reserves. Experienced investors can use this as a ticket to portfolio growth. Full Doc (Roam) – Complex income, simple solution. Loan amounts up to $3M. P&L (Reach) – Smart businesses deserve smart loans. CPA-prepared P&Ls welcome. "We've built solutions that work in the real world," said Bobby Love, President at Logan Finance. "Our scenario desk handles income calculations within 24 hours, our underwriters specialize in each product type, and we provide white-label marketing materials brokers and correspondents can use immediately. We're not just offering products—we're offering a partnership." Key mortgage broker and correspondent advantages include: Same-day scenario analysis Dedicated condo review desk Private-label marketing materials Custom training programs Technology integration with major platforms The complete Open Road product suite is available immediately through Logan Finance's wholesale and correspondent channels. To learn more, email bizdev@ About Logan Finance Corporation Logan Finance Corporation (NMLS ID # 127722) is a leading Non-QM mortgage lender providing access to innovative home financing solutions. Through its Correspondent and Wholesale channels, Logan offers a full suite of Non-QM products, including DSCR, Bank Statement, Condotel, Full-Doc, P&L, DSCR No-Ratio, and Asset Qualification loans. With over 70 years of lending experience, Logan continues to grow by staying true to its founding principles: a commitment to excellence and a relentless focus on delivering an exceptional customer experience. Equal Housing Opportunity Lender. View original content to download multimedia: SOURCE Logan Finance Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Dominion Financial Wholesale Announces William Fisher as Director of Wholesale Sales
BALTIMORE, June 2, 2025 /PRNewswire/ -- Dominion Financial Wholesale, a non-QM division of the leading private lender for real estate investors, Dominion Financial Services, is proud to announce the appointment of William Fisher as Director of Wholesale Sales. Fisher will be responsible for expanding Dominion Financial Wholesale's national presence in the non-QM lending market. Fisher brings over 20 years of senior leadership experience in mortgage lending, with a proven track record of building high-performing sales teams, scaling operations, and launching innovative non-QM and Jumbo loan programs. Before joining Dominion, Fisher served as Executive Vice President of Non-QM at Kind Lending, leading one of the industry's most successful launches of a non-QM TPO business unit. He's also held strategic roles at LoanStream Mortgage, Citadel Servicing (now Acra Lending), and Ark Mortgage. "Will knows this business inside and out," stated Dustin Wells, President of Wholesale at Dominion Financial. "He brings a wealth of knowledge, expertise, professionalism, and focused energy to build out a sales organization that we believe can gain market share immediately. We're thrilled to have Will on board." As Director of Wholesale Sales, Fisher will lead the effort to scale the Wholesale Division's national Account Executive footprint, build strategic broker relationships, and deliver elite training programs. He is focused on aligning Dominion Financial Wholesale's product messaging with its expanding non-QM capabilities, ensuring clients receive both unmatched service and results. "This is exactly the kind of opportunity I love, taking a powerful foundation and helping build something extraordinary," said Fisher. "Dominion has a fantastic team, deep roots, and a clear vision. It's the perfect extension of what I've built in the past. I'm excited to bring energy, structure, and competitive spirit to the Wholesale division and help make Dominion Financial Wholesale a household name in non-QM." Fisher also emphasized his commitment to empowering Account Executives and broker partners through experience-based insight and support. "I've been to the top of the mountain in this industry. Now, I get to pass that knowledge on, help individuals hit their goals, strengthen our teams, and grow the company in ways that create long-term success." With plans to grow the team, roll out new products, elevate the brand, and showcase Dominion Financial Wholesale at major industry events in 2025, Fisher's arrival marks a major milestone in Dominion Financial's continued expansion into the wholesale mortgage lending space. About Dominion Financial Wholesale Dominion Financial Wholesale, the non-QM division of Dominion Financial Services, specializes in alternative qualification mortgages, including DSCR, Bank Statement, 1099, WVOE, Profit and Loss, Full Doc, Asset Utilization, Cross-Collateral, and Foreign National programs. Built for brokers, Dominion Financial Wholesale delivers the tools, technology, pricing, and support needed to close more deals. With competitive rates and a DSCR Price-Beat Guarantee, Dominion enables brokers to serve self-employed borrowers, property investors, and clients who don't fit traditional lending criteria. Contact:Brooke RubrightCreative Managerbrooke@ View original content to download multimedia: SOURCE Dominion Financial Services
