Dunmor, a leading provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers across the United States, today announced a series of achievements marking its momentum this year. The achievements include reaching a new milestone of $150 million in funding, the appointment of Jim Cooper, executive vice president of capital markets, a license to operate in Arizona, a broker portal and soon a license to operate in Nevada and a new office in Irvine, California.
These achievements closely follow a minority equity investment from Newfi Lending, an industry-leading non-agency mortgage lender owned by funds managed by Apollo Global Management, announced in January this year.
Dunmor is a technology-forward national lender specializing in residential real estate investment loans. Established in 2021, the company provides short-term bridge loans, fix and flip loans, construction loans and DSCR rental loans for residential and multifamily investment properties throughout the United States. Dunmor works directly with borrowers and brokers in offering competitive rates, efficient closings and exceptional customer service.
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