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Private Lending & Conventional Mortgage Advice

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Shawn Couch
  • Investor
  • Encinitas, CA
47
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115
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Southern California hard money lender

Shawn Couch
  • Investor
  • Encinitas, CA
Posted Feb 27 2015, 16:46

I wanted to ask if anyone has had any experience doing business with a specific lending Group located out of San Clemente?  I'm not sure if I am allowed to name them specifically in the forum so if you are curious and think you can help, private message me or email me at [email protected].

I have an LOI for a deal I want to buy and the rate and term are real good, however they do ask for a $3000.00 "due diligence / doc fee" applicable to the points at closing and I know that this can be a red flag.

Thank you in advance for your input.

Shawn

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