Acra Lending Review

Founded 2013 · Irvine, CA · Nationwide

4.0

Editor Rating

Acra Lending (formerly Citadel Servicing) is one of the oldest and largest dedicated non-QM lenders and an active securitizer. It is a wholesale lender — consumers reach its bank statement, 1099, P&L, ITIN, and other programs through a mortgage broker rather than applying directly.

Editor's Take

A long-tenured non-QM heavyweight with a flexible documentation menu and ITIN lending. Like other wholesale players, it is reached through a broker — a strong investor for your broker to quote, not a direct-to-consumer option.

— Bill Rice, 30+ year mortgage lending veteran

Pros & Cons

Pros

  • One of the oldest, largest dedicated non-QM lenders
  • Wide menu: bank statement, 1099-only, P&L, ITIN, foreign national
  • Accepts a range of documentation styles (WVOE, ATR-in-full)
  • Active securitizer with stable funding

Cons

  • Wholesale-only — apply through a broker, not directly
  • Pricing and service depend on your broker
  • Non-QM rates and fees above conventional

Loan Products Offered

Bank Statement LoansSelf-Employed MortgagesNon-QM Loans1099 Income LoansProfit and Loss (P&L) Only LoansNo Tax Return MortgagesITIN Mortgages

Eligible Property Types

primary-residencesecond-homeinvestment

Best For

Established non-QM lenderVia broker onlyITIN borrowersFlexible documentation

Compare Acra Lending

Acra Lending vs Deephaven MortgageAcra Lending vs A&D Mortgage

Acra Lending Review: Frequently Asked Questions

Is Acra Lending a legitimate lender?

Acra Lending is an established lender founded in 2013 and headquartered in Irvine, CA. It lends nationwide and specializes in bank statement loans, self employed mortgages, non qm loans, 1099 income loans, profit and loss loans, no tax return mortgages and itin mortgages. To verify it for yourself, confirm Acra Lending's current NMLS registration and state licensing, check its Better Business Bureau (BBB) profile and reviews, and compare written quotes before you apply.

What are the pros and cons of Acra Lending?

Pros: One of the oldest, largest dedicated non-QM lenders; Wide menu: bank statement, 1099-only, P&L, ITIN, foreign national; Accepts a range of documentation styles (WVOE, ATR-in-full). Cons: Wholesale-only — apply through a broker, not directly; Pricing and service depend on your broker; Non-QM rates and fees above conventional.

Does Acra Lending offer bank statement loans?

Yes. Acra Lending offers bank statement loan programs that qualify self-employed borrowers using 12–24 months of bank deposits instead of tax returns or W-2s — useful for business owners and 1099 earners with non-traditional income.

What credit score do you need for Acra Lending?

Acra Lending's published minimum credit score is 600. A higher score generally unlocks better rates and higher leverage. Requirements vary by loan program and are subject to change.

What rates and fees does Acra Lending charge?

Acra Lending's rates run approximately 7.25%–10% with origination fees of Set by your broker, on loans from $100K to $4M (up to 90% LTV). All figures are approximate and subject to change — request a written quote for your scenario.

How fast can Acra Lending close a loan?

Acra Lending typically closes in 25–45 days, depending on the loan program, the property, and how quickly you provide documentation.

Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. Self-Employed Lending Hub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.