A private mortgage lender, Acra Lending primarily specializes in alternative income products including bank statements, asset depletion and verification of employment programs. Their programs include fixed and adjustable rate mortgages (ARMs) for residential properties on both an owner-occupied and non-owned occupied basis.
Acra Lending is licensed by the National Mortgage Licensing System (NMLS), operating in 38 states and the District of Columbia. They offer their programs and services through three lending verticals: wholesale, retail and correspondent.
Latest Acra Lending News
Surviving non-QM lenders are gaining business now
Aug 15, 2023The uncertainty in the banking industry and the resulting pullback from the origination market has benefited non-QM players. But the ensuing secondary-market pricing pressure has also created liquidity woes and profit-margin challenges. Here’s what non-QM lenders see on the horizon.
-
Fix and flip market struggles as financing costs rise
May 17, 2023 -
Angel Oak confronts the challenges of market volatility, fast-rising rates
Jul 27, 2022 -
Non-QM lenders are racing to stay ahead of rates
Jul 22, 2022 -
Market for private label securities projected to shrink in 2022
Jul 18, 2022 -
Mom-and-pop investors are fueling the PLS market
Apr 28, 2022 -
Non-QM lenders struggle to navigate volatile waters
Apr 22, 2022 -
Non-QM lenders hunt for LOs as consumer-direct model falters
Jan 14, 2022 -
Automation is coming to non-QM lending
Dec 14, 2021
Acra Lending Content
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
Apr 26, 2024 3:33 pm“It wasn’t pretty, I’m not gonna lie to you, but we got through it, and we ended up being profitable in 2022 and 2023.”
-
How a streamlined non-QM process adds transparency for brokers and borrowers
Feb 13, 2024 10:49 am -
As rates climb, how are non-QM lenders faring?
Nov 09, 2023 10:17 am -
How to account for non-QM market growth
Sep 05, 2023 10:18 am -
What does the fix-and-flip market look like right now?
Jul 07, 2023 9:28 am
