Scot Shumway's Contact Details

Scot Shumway's Company Details

Weststar Mortgage Corporation

Albuquerque, NM, US • 250 - 499 Employees
SaaS

Weststar Mortgage is a direct lender that specializes in financing and purchasing non-conventional loans where common sense underwriting, transaction speed and structure flexibility helps our clients meet their unique financing needs. From our beginning in 1983, Weststar has focused on tailoring solutions that traditional lenders and banks would consider "outside-the-box".Weststar services over $1 Billion in privately held mortgages and is a FNMA seller/servicer and an FHA Direct Endorsed lender with in-house underwriting. We are a leader in staged interim construction financing/warehouse lending to the manufactured/modular housing industry.The Weststar technical division offers loan-servicing software especially designed to handle the unique characteristics associated with servicing seller-financed loans.The Weststar note purchasing division enables holders of real estate contracts and Deeds of Trust to realize the cash value of their note by selling Weststar their interest. We purchase notes for our own investment portfolio eliminating many of the costs associated with a brokered transaction.NMLS #93243