LendingHome Funding Corp., a lender to real estate investors, has closed a $388 million revolving securitization of unrated residential transition loans. This is the seventh broadly syndicated securitization transaction sponsored by LendingHome since 2019.
The deal includes a two-year revolving period during which principal payoffs can be reinvested in newly originated loans. The money will provide capital to support approximately $1.2 billion in loan originations over the life of the deal.
“We’re thrilled that