Ryan Melideo

Velocity Mortgage Capital - Residential rental property and commercial property lender. Working directly with brokers, investors, and loan officers throughout the US! I am an account executive at Velocity Mortgage, a nationwide wholesale portfolio lender for investment property loans on 1-4 unit residential properties and commercial properties. We specialize in financing with no income verification and our programs fill the space between institutional financing and hard money options. Velocity’s proposition is a more cost effective and consistent financing solution versus traditional hard money. Experience: I have worked in the mortgage industry since 2003 in various capacities, but mainly as an account executive in the non-prime space. I have completed a Master of Science degree in Real Estate and am currently pursuing a Master of Business Administration degree. I also am registered with the NMLS and have MLO licenses in 15 states (currently not active due to working in wholesale) Currently Seeking: Contact with real estate brokers, mortgage brokers, and investors looking for financing on 1-4 unit investment properties and all types of commercial properties. Product Highlights: • Flexible credit guidelines with options that do not require a minimum FICO score • Personal income documentation is not required • 4506-T is not required • NO DSCR required on investor 1-4 unit properties or on commercial loans < $1M • 30 year amortized, 3 and 8 year ARMs with rates as low as 6.74% • 12 month IO options available • W-2 or self-employed borrowers OK • No seasoning of funds required • Loan amounts from $75k to $5M • LTVs up to 75% Our underwriting process requires no additional investor approval, no additional investor conditions, no loan committee reviews, nor any other conduit hoops to jump through. We are the source! Available on: • 1-4 unit investment properties (owner occupied properties and 2nd homes are not permitted) • Commercial properties including multifamily, mixed use, office, retail, light industrial, auto service, mobile home parks, and more • Loans available in 43 states. Contact me for specific state eligibility Conditional Loan Approvals issued within a couple of hours of receipt of complete 1003 and credit report! Please let me know how I can help you find a home for your hard to place investment property deals.