NO RED TAPE is a new kind of lender taking revolutionary steps to improve the borrowing process for Real Estate Investors. From an instant pricing and eligibility engine, unique product offerings, a Do-It-Yourself Portal for faster service, Turn Time Guarantees and online chat, we're all about helping our Borrowers succeed. Whether you're looking for rehab financing, a Bridge Loan, or long-term Buy& Hold financing, NO RED TAPE’s team of experienced mortgage professionals will work with you to accomplish your funding goals.
National Production Manager
Mr. Scheifele has 30 years of experience in the residential mortgage origination business. Mr. Scheifele was president and founder of No Red Tape Mortgage from 1998 to 2009 where he grew the company to one of the largest privately held wholesale mortgage banks in the country with annual closings surpassing $3B. While growing and managing a 250-person staff with 90+ internal sales people day-to-day he led the charge to become the first wholesaler to go paperless from loan originations to loan sale.
Mr. Rogers, ALTLOAN's Production Manager, graduated from University of Southern California with a degree in finance. He has been involved in every facet of the mortgage industry for over 18 years. From originating QM and Non-QM loans, managing wholesale and retail teams, building retail and wholesale departments, buying and selling pools of performing and non-performing mortgages. Mr. Rogers brings vast amount of knowledge and personal experience to the team at ALTLOAN.
Mr. Houston has 14 years of experience in the residential and commercial mortgage banking business. Recently Mr. Houston was SVP Operations Manager at Genesis Capital, where he managed $80M of monthly Bridge, Fix & Flip, and Credit Line fundings. Previously, he was COO and Co-Founder of Bridgelock Capital, whose main principal investor was MSD Capital, which originated, managed and serviced over $200,000,000 in assets.