Has anyone worked with Amplend?

Question

I am trying to cash out of a property and came across them. They have an office in NJ and I am from NC, I tried to find information about them and not getting anything solid. I wanted to know if anyone has heard of them or worked with them?

Hector R. · Answer

I can honestly say they are one of, if not the best. Competitive rates, there are other lenders out there who might state that they have have better rates or go to higher LTV's but none of that compares to exceptional service and people that do what they say and say what they do. They really go above and beyond to do things outside their scope of work. They have been an important piece of helping us grow our business.

Chris Seveney · Answer

@Valerie Alvarez

Never worked with them, looks like started last year by former Goldman Sachs employee.

I would compare what they offer with others.

Erik Estrada · Answer

Never heard of them. What terms are they offering?

Robin Simon · Answer

Looks like they are very new and recently launched entering the space. (started September 2022 and just have one google review).  Seems like their angle is "tech".  Hard to say whether they will be good or bad but in the private lending space (DSCR/Fix and Flip) - the loan products, programs and rates are all going to be very similar - so its usually best to go with the lenders with the best track record and reputation (reviews) rather than roll the dice unless you are getting a really really good rate or loan (although that is also a potential red flag with a newer co).

Has anyone worked with Amplend?

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