Business-purpose residential mortgage lender Dunmor announced on Monday the official launch of its wholesale broker division.
Leading the division is Zeenat Zonte, Dunmor’s newly appointed executive vice president. Zonte has held previous roles as a manager of correspondent business at Newfi Wholesale and Civic Financial‘s director of correspondent lending.
“I am thrilled to lead Dunmor’s new wholesale broker division and empower our broker partners with the tools and resources they need to succeed,” said Zonte. “Together, we will unlock new opportunities for growth and set a new standard for excellence in the wholesale lending space.”
The broker division offers a full suite of residential transition loan programs (RTLs), a press release from Dunmor confirmed, including bridge loans, fix and flip loans, ground-up construction loans and multifamily loans.
“Launching our wholesale broker division is a strategic step toward empowering brokers and delivering unparalleled solutions to investors,” said Franck Ruimy, founder and CEO of Dunmor. “We are setting the benchmark for excellence, transparency, and growth in private lending. Our data integration and technology ensure a user-friendly portal that streamlines processes and enhances broker efficiency.”
The move comes just months after Dunmor received a minority equity investment from Newfi Lending via Apollo Global Management, an investment that is an extension of an original partnership initiated in June 2024.
Founded in 2021, Dunmor is a Los Angeles-based nationwide lender active in both the consumer direct and broker channels. Aside from offering four types of residential transition loans, the company also provides AI-driven loan origination platforms designed for real estate investors and brokers, enabling fast prequalifications, quotes, term sheets, and funding.
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By: Sarah Wolak
Title: Dunmor launches wholesale broker division led by Zeenat Zonte
Sourced From: www.housingwire.com/articles/dunmor-launches-wholesale-broker-division-led-by-zeenat-zonte/
Published Date: Tue, 08 Jul 2025 14:07:51 +0000
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