Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division.
According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients. These products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans.
Zeenat Zonte, a newly appointed executive vice president, will be in charge of the division. She was previously vice president and correspondent channel manager at Newfi Wholesale and director of correspondent lending at Civic Financial.
“Launching our wholesale broker division is a strategic step toward empowering brokers and delivering unparalleled solutions to investors,” said Franck Ruimy, founder and CEO of Dunmor. “We are setting the benchmark for excellence, transparency, and growth in private lending. Our data integration and technology ensure a user-friendly portal that streamlines processes and enhances broker efficiency.”
