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Updated over 5 years ago on . Most recent reply

Matt Smith's profile image
Matt Smith's profile image
Matt Smith
  • from San Francisco, California
  • Member since Oct 12, 2014
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161
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Matt Smith's profile image
Matt Smith's profile image
Matt Smith
  • from San Francisco, California
  • Member since Oct 12, 2014
Connect
Matt Smith
  • San Francisco, CA
26
Votes |
161
Posts
Buying & Selling Real Estate

No NMLS lender ok?

Matt Smith
  • San Francisco, CA
Posted

I am buying a condo hotel. The loans are more difficult to get as expected but one lender and a good rate except one. However, they are a commercial lender apparently (not residential) and have no NMLS. Is it legit? Also, They are asking for a $2k engagement fee and claim the appraisal for a single condo is $2.5k. Should I even trust such business?

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