NEW YORK, NY - 2020 was Dwight Capital’s strongest year to date, with more than $3.6 billion in real estate financings (including Interest Rate Reductions) spanning 43 states. Dwight increased its servicing volume to over $6 billion under management and was once again one of the most active, direct HUD lenders in the country, continuing its industry leading position as a top-5 HUD lender for the sixth consecutive year.
Dwight’s overall lending volume more than tripled since 2019, and the company closed a record month with over $565.84 MM in financings in December. In addition, Dwight Capital acquired Love Funding, another prominent HUD lending company, towards the end of HUD’s 2020 fiscal year. The Love Funding acquisition was a strategic move that allowed Dwight to strengthen its operational expertise by adding key leaders in management, underwriting, asset management, and closing.The additional staff and expertise better positions Dwight Capital for future growth and success