Current news for this company:
LownHome Financial - Wholesale Alt-A
Many have written in to notify us that LownHome Financial (lownhome.com - page says "Under Construction" - wink!) has closed their doors. Below are a few of the notifications we have received.
One reader writes to us:
Another source writes:
Regarding the size and scale of LownHome's operations, one reader writes:
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.