Lenda is a direct lender based in San Francisco, CA. The company was founded in 2012 and offers mortgages to borrowers in 4 states across the USA.
Lenda allows borrowers to apply for loan amounts of up to $2,500,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
Lenda offers home loans with APRs starting at 2.5% .
Lenda will typically fund mortgages within 7 and 14 days of approval.
Yes, Lenda may charge a loan origination fee.
Yes, Lenda charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
Lenda offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Lenda allows the following property usage types:
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