Privlo, a nonconforming residential mortgage lender in Los Angeles, has raised $350 million in debt and $3.8 million in equity to help the company's overall growth.

The debt transaction included an unnamed New York-based private real estate investment fund, Privlo said. Meanwhile, the startup company that has originated over $28 million of mortgage loans since its inception four years ago obtained $3.8 million in equity from Spark Capital and QED Investors.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry