Weststar Mortgage Corporation

Weststar Mortgage Corporation is a direct lender established in 1983, specializing in non-conventional loans. With a focus on common sense underwriting, transaction speed, and structure flexibility, the company tailors solutions that traditional lenders and banks might 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. It is a leader in staged interim construction financing/warehouse lending to the manufactured/modular housing industry. Additionally, the company's technical division offers loan-servicing software designed for the unique characteristics associated with servicing seller-financed loans. The note purchasing division enables holders of real estate contracts and Deeds of Trust to realize the cash value of their note by selling their interest to Weststar. Notably, Weststar purchases notes for its investment portfolio, eliminating many of the costs associated with a brokered transaction. Based in the United States, Weststar Mortgage Corporation presents itself as a player in the Financial Services industry, offering a range of specialized lending and investment services. The company has not disclosed its last investment or investors.