Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

5
Posts
3
Votes
Karl Venescar
3
Votes |
5
Posts

Condor Finance LLC Legitimate

Karl Venescar
Posted

Hello Fellow Investors,

Does anyone have any knowledge of Condor Finance LLC? They are offering to give me an emergency loan (one day), but they are asking me to pay the LPMI upfront. I have never heard of them, but I imagine one of you should have.

Thank you

Most Popular Reply

User Stats

44,869
Posts
66,180
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
66,180
Votes |
44,869
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied
Quote from @Jay Hurst:
Quote from @Karl Venescar:

Thank you, Jay. Lender-Paid Mortgage Insurance.


 scam. 


Well team Jay says  there is no such thing as lender paid mortgage insurance on a private loan there is PMI that borrower pays on Fha type loans.

Also quick view of the website shows they advertise making VA and FHA loans.. But have no state or NMLS license on the front page of their website this a dead give away as that is required by law and any legit lender is going to hang their license where its suppose to be.
business profile image
JLH Capital Partners

Loading replies...