We don't close every loan presented to us. We have however obtained funding on loans that have failed to receive funding elsewhere. Yes they do take massive effort to get accomplished. We do not charge any upfront fees for our service - Zero -
We have done some loans that required small fees by 3rd parties, which we are working very hard to eliminate, thus the purpose of this post.
We have plenty of leads coming in for viable loans, and we are closing commercial loans. We do 95% of the intake process for the loan package to pass through directly to the lender. We are wanting direct connections to Commercial lenders because the daisy chains fees and upfront fees are becoming exorbitant. We do not charge any fees for our service till the loan closes. We do all of the leg work of obtaining documentation from the borrower. We assemble the completed package that answers most of the questions for the lender with the documentation. We do not need a 3rd party to pass our documentation to the lender for 2-5% of the loan.
I understand that sometimes 3rd party providers actually understand the intricacies of the transactions that they are completing and they work hard for that commission. Unfortunately in this industry there are to many people who are green and have no idea what they are doing. That is why there are so many complaints on social media sites like this ning site about unsuccessful loans.
We work very closely with our borrowers to present there loan requests with full documentation that makes it easy for the lenders to fund their deals. We only work with the deals that the lenders are confident with, deals structured to put them in a very secure position.
So this request is going out to those lenders who want to work directly with us. Simply let us know your criteria and wait for us to bring you great returns in secure positions.We will not waste your time. Time is money. We structure deals between borrower and lender that are win, win, win.
If you have a deal you need funded, please contact us. This ning site is an excellent connector. I am very appreciative to the owner of the site for giving us the opportunity to network here. We receive many deals that weren't funded simply because they weren't correctly packaged to the lender. Yes it is true, not all lenders are the same, and unfortunately we've seen packages that borrowers have paid 3rd party professionals to assemble that lenders have refused before they finished reading the first 2 pages.
By the way for those lenders happy with a 6-8% return monthly, we have secure projects for you. For those lenders who are willing to be slightly risky at 10-12%, we have projects for you. Our range is $150K to $10M. And yes we do have loan clients that are willing to pay higher rates depending on the terms.
Tip for borrowers: We like to know all of the facts at the beginning, Lenders don't like finding out pertinent facts (causing a loan denial) after they have spent many hours into the deal.
Excellent service is a choice, made by it's provider. We choose to provide excellent service.