My personal feeling is that Confirmed funds are not a useful service because the developer of the project must still qualify for the loan and the loan must still be funded.  The cost of confirmed funds is very high for very little benefit.  Its only "window dressing".  You can put perfume on a pig but it is still a pig.  "You can't make a silk purse from a sows ear."

If there is a qualified borrower he will have no trouble raising funds.  Money has to be put to work to be of value.  In that way lenders and borrowers need each other.  But no lender will take a financial risk based upon a claim that that there are funds in an account that can never be used to secure the loan.

What is your opinion?

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I see your point, Brent.  Could you give the group an overview of how POF can be used to enhance an SFR package?  May be you could relate a case history to us.  Thank you

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