Park Place Finance -Experience for Fix-flip HM loan

Park Place Finance -Experience for Fix-flip HM loan

Real Estate Agent · Seattle, WA · Member since 2023 · 8 posts · 5 votes
Hello fellow investors,

I am working on flipping a house in WA. I have worked with few different HM lenders and haave a good experience with all of them so far. One of my partners in my next flip have suggested a new HM lender (Park Place Finance). they definitely have good rates but I want to check how is the experience of other investors with them?

Do they stick to the rates and terms that they offer while quoting. Do their draw process is easy and quick to fund.

I would like to hear good and bad both about them to make the decision on weather to work with them or just go with my usual lenders.

Any and all suggestions are greatly appreciated.

Regards
Apoorva Agrawal
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  • Lender · Lake Havasu City, AZ · Member since 2024 · 700 posts · 285 votes
    1y

    I've worked with them in the past, they we okay.

    What kind of terms are they offering? Typically they are pretty high?

  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y
    Quote from @Suraj Apoorva:
    Hello fellow investors,

    I am working on flipping a house in WA. I have worked with few different HM lenders and haave a good experience with all of them so far. One of my partners in my next flip have suggested a new HM lender (Park Place Finance). they definitely have good rates but I want to check how is the experience of other investors with them?

    Do they stick to the rates and terms that they offer while quoting. Do their draw process is easy and quick to fund.

    I would like to hear good and bad both about them to make the decision on weather to work with them or just go with my usual lenders.

    Any and all suggestions are greatly appreciated.

    Regards
    Apoorva Agrawal

     Hi Suraj, 

    What terms are they offering you? 

    LuxePrivate Investments LLC 570 Reviews
  • Member since 2025 · 77 posts · 15 votes
    1y

    I know a great lender—let’s chat and see how we can make this work for your project!

  • Lender · NY · Member since 2025 · 16 posts · 3 votes
    1y

    I can assist you with your loan scenario, our rates are competitive and more flexible than Park Place Finance. 

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