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Dunmor: $150 Million Raised For Residential Real Estate Investment Loan Platform

Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

January 28, 2025

Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments
 

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending, a nonagency mortgage lender owned by funds managed by Apollo Global Management.

Dunmor CEO Franck Ruimy spoke with HousingWire‘s Sarah Wolak on why he anticipates 2025 will be a strong sales year, and he highlighted the recent growth for the business-purpose lending (BPL) sector. Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor.

Read more here: https://www.housingwire.com/articles/dunmor-ceo-franck-ruimy-newfi-partnership-residential-investment-lending/

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© Dunmor. 2024 All Rights Reserved. Dunmor is a DBA of BARH Dunmore, LLC. NMLS ID #2008475. Please visit https://www.nmlsconsumeraccess.org/ for more licensing information. In California, loans are made or arranged pursuant to a California Finance Lenders Law license #CA-60 DBO-145663. Dunmor makes commercial, business-purpose loans. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states. This is not a commitment to lend. All loans are subject to borrower underwriting and credit approval, in Dunmor’s sole and absolute discretion. Other restrictions apply.