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Updated about 2 years ago on . Most recent reply

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Ishmael Lopez
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Are all hard money lenders this bad?

Ishmael Lopez
Posted

Kiavi changed my appraisal 3 times and the last time was 5 weeks into it, I of course walked away. Lima one wasn’t transparent with their processes, and I just heard finance of America is getting pretty bad. Are these guys all just legal scammers? Or are there some good guys in this industry. If there are please feel free and share companies that you’ve had clear transparency and great communication. Thanks!! 🙏🏼 

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Ishmael Lopez:
Quote from @Chris Seveney:
Quote from @Ishmael Lopez:

Kiavi changed my appraisal 3 times and the last time was 5 weeks into it, I of course walked away. Lima one wasn’t transparent with their processes, and I just heard finance of America is getting pretty bad. Are these guys all just legal scammers? Or are there some good guys in this industry. If there are please feel free and share companies that you’ve had clear transparency and great communication. Thanks!! 🙏🏼 


 They are not scammers, there is reasons why things change. 

Im not sure how to take your comment, I’m not sure if it was snarky as it was over text. But there are reasons why things change and sometimes that’s for scammy reasons. I’m not saying they are all bad. But there are miles of bad reviews for kiavi. I guess my hope of posting this was to find good ones. Not over simplified replies.

 Recommend going through Google and looking closely at the track records of reviews for each of these lenders.  If there are "miles of bad reviews" for Kiavi, to be honest, some of that is on you for trying them?  Stick to lenders with top ratings on google, biggerpockets, facebook etc. and you should be fine

  • Robin Simon
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