About First National Bank of America
First National Bank of America has over 65 years of experience originating, purchasing and servicing, residential loans. We understand the importance of having a source you can rely on when you need to sell loans that have been rejected by Fannie and Freddie or if you have a need to free up valuable space on your warehouse lines. We purchase performing, residential Scratch and Dent loans on an individual or pool basis, nationwide. |
First National provides same day bids on new or seasoned loans and can fund in as little as 48 hours. We can purchase loans with DTI’s up to 55% and have unlimited DTI options for loans with 6 months of timely payments. With our extensive experience, we are confident that you won’t find another purchaser that will provide better service or close faster than we will! Get started today! |
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