Natalie Dumont
  • Boston, MA
  • United States
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Natalie Dumont replied to Admin's discussion Who is direct? Who is a mortgage broker? Which one are you?
"Hi Darryl, this is true about lenders mostly marketing to brokers.  And I am not an exception. :) I represent a Federal Bank. We are a non-prime bank, we work with conventional turn-downs. We pay our brokers undisclosed rebates, while not…"
Tuesday
Natalie Dumont replied to Admin's discussion Buying a small apartment community... what percent downpayment is needed?
"25% down here at BOFI Federal Bank.  If you'd like more info, please call 617-833-1565 or email me at ndumont@bofi.com"
Aug 10
Natalie Dumont and Otis Murray are now friends
Jul 25
Natalie Dumont replied to David A. Sims's discussion Loans without up front fees
"Unfortunately, not.  Good luck!"
Jul 6
Natalie Dumont replied to David A. Sims's discussion Loans without up front fees
"Hi Norman, thanks for your interest. We fund income properties - multi-families (2-200 units), apt buildings, offices, retail, student housing, light industrial, foreign nationals. Loan amounts up to $20M with most competitive pricing for loans of…"
Jul 5
Natalie Dumont left a comment for D. Woody Jenkins
"Hi, sorry no charter schools, only income producing properties - multi-families, apt buildings, retail, office, student and sr. housing, light industrial."
Jun 30
D. Woody Jenkins left a comment for Natalie Dumont
"Hi, can you fund Charter schools?"
Jun 29
D. Woody Jenkins liked Natalie Dumont's profile
Jun 29
Natalie Dumont replied to Admin's discussion Buying a small apartment community... what percent downpayment is needed?
"For a project like this, most likely you would need 25-30% down."
Jun 29
Natalie Dumont updated their profile
Jun 29
Natalie Dumont replied to Michael Weinberg's discussion Looking for Hard money loan of $14M in RI
"Hi Mike, are you sure you need a hard money lender for your Client? My bank is NOT a hard money lender, but we work with "scratched" borrowers. We offer par pricing and also pay undisclosed YSP to brokers up to 2 points, which helps if you…"
Jun 29
Natalie Dumont replied to David A. Sims's discussion Loans without up front fees
"Hi Kim, if you are looking for a lender offering no-point loans, please contact me for more information.  Good luck! Natalie 617-833-1565"
Jun 29
Natalie Dumont replied to David A. Sims's discussion Loans without up front fees
"Hi Daivd, I represent a federal bank. We are a commercial portfolio lender. Not only do we not charge origination points, we offer PAR pricing to direct clients, and pay undisclosed rebates to brokers, if a broker is involved in the transaction.…"
Jun 29
Natalie Dumont replied to Admin's discussion Who has Funding for real estate transactions over $1,000,000?
"We are a Federal Bank offering portfolio products nationwide. Up to 75 LTV, VERY common sense underwriting. We pay our brokers UNDISCLOSED REBATES up to 2pts! No need to charge your client origination points, if you don't want to. Our typical…"
Jun 29
Natalie Dumont is now a member of Real Estate Finance
Jun 28

Profile Information

Company name and description
Bofi Federal Bank is a portfolio, non-prime lender. We mostly work with brokers and pay our brokers UNDISCLOSED REBATES up to 2pts. Brokers can offer either PAR pricing to their clients or charge up to 3pts upfront in addition to YSP paid by us.
We do NOT offer hard money programs, but our typical borrower is someone with a scratched profile (B-C type). Our current rates start at 4.5% and depend on the property tier and borrower profile. We offer VERY common sense UW.
Examples of "slightly scratched" transactions we closed in the past include:
-Low FICO
-Unemployed borrower
-Illegal units in the building
-Foreign Nationals requiring non-recourse (up to 65LTV)
-Break-even DSCR
-Foreclosures, Bankruptcies, Judgments
-Title violations
-Recent mortgage lates
-Low and negative global cash flow
-Very low borrower's liquidity and/or net-worth
-No rental or management experience
-IRS tax liens
-Properties in high crime area
-Sponsors with open law suits
-Poor historical operating statements

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At 7:16pm on June 29, 2017, D. Woody Jenkins said…
Hi, can you fund Charter schools?
 
 
 

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