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Updated 1 day ago on . Most recent reply

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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
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I’ll let you draw your own conclusions

Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Posted

Most of the requests we receive for our hard money loans are thru mortgage brokers.  75% of the requests we receive DON’T include ANY of the following:

1. the amount of financing being requested, 

2. the specific properties being offered as collateral

3. the current status of the existing debt

4. the reason(s) for the refinancing request

5. a history of the borrower and their involvement with the property

6. any past or future issues, such as foreclosures, bankruptcies, etc.

  • Don Konipol
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Private Mortgage Financing Partners, LLC

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

well your a mind reader ...  proper packages go to the top incomplete die a slow death.

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JLH Capital Partners

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