Description: Acra Lending (“Acra”) is a leading finance originator by market share in the non-qualified mortgage (“non-QM”) lending market. The Company is vertically integrated with its own servicer and securitization shelf. Acra originates residential mortgage loans in 47 states and DC, with $16.7bn of lifetime originations and ~1.5bps of historical losses. Acra is currently purchasing Agency eligible loans with a focus on second homes and investor properties for insurance company loan investors. Additionally, Acra will entertain the purchase of seasoned loans.
Acra originates residential mortgage loans in 47 states and DC, with $16.7bn of lifetime originations and ~1.5bps of historical losses.
Website: https://acralending.com/
Services Offered: Correspondent loan purchases of non-QM, Agency Eligible and Jumbo loans
Seller Minimum Net Worth Required (in Millions): $1M
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