How to make sure a DSCR lender is legit

[Nicholas A.]

I found a property I will be closing on shortly, and am about to finance the deal, but before I proceed any further I want to make sure I am selecting the right financier to assist with the lending portion.

I found somebody on google a couple years back, kept in contact with him, and am leaning towards using him for financing the DSCR loan. I already gave him an application and he ran my credit once, so he has all my information, some sensitive information.

I am a bit hesitant, and maybe rightly so, maybe not, because I actually have never met him. I just found him on google. How can you vet somebody and make sure they are legit? 

I can provide the name of the company, I am just not sure if its appropriate to list them on a public forum like this as if they are legit, which they very well may be, I don't want to slander them. 

Any advice/thoughts would be greatly appreciated

[Devin Peterson]

Quote from @Nicholas A.:

I found a property I will be closing on shortly, and am about to finance the deal, but before I proceed any further I want to make sure I am selecting the right financier to assist with the lending portion.

I found somebody on google a couple years back, kept in contact with him, and am leaning towards using him for financing the DSCR loan. I already gave him an application and he ran my credit once, so he has all my information, some sensitive information.

I am a bit hesitant, and maybe rightly so, maybe not, because I actually have never met him. I just found him on google. How can you vet somebody and make sure they are legit? 

I can provide the name of the company, I am just not sure if its appropriate to list them on a public forum like this as if they are legit, which they very well may be, I don't want to slander them. 

Any advice/thoughts would be greatly appreciated

 Referrals, google reviews, social media, phone calls, and most importantly, an NMLS number! 

Doesn't hurt to have a bigger pockets account either lol!

I would recommend talking with an experience loan broker who can help you compare the terms across a wide variety of lenders!