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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceWhere Do I Find a Legitimate Private Lender?
Angela Goode-Taylor's profile image
Angela Goode-Taylor's profile image
Angela Goode-Taylor
  • Commercial Real Estate Broker
  • from Naperville, Illinois
  • Member since Oct 29, 2014
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Angela Goode-Taylor's profile image
Angela Goode-Taylor's profile image
Angela Goode-Taylor
  • Commercial Real Estate Broker
  • from Naperville, Illinois
  • Member since Oct 29, 2014
Connect
Angela Goode-Taylor
  • Commercial Real Estate Broker
  • Naperville, IL
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Private Lending & Conventional Mortgage Advice

Where Do I Find a Legitimate Private Lender?

Angela Goode-Taylor
  • Commercial Real Estate Broker
  • Naperville, IL
Posted Jan 12 2015, 09:08

I have been trying to find a legitimate private lender to fund an owner occupied REO. However, for the last 2-3 mos, all I have been experiencing are fraudulent scammers. They are asking for money and fees upfront and providing bogus Proof of Funds letters that anyone can pull of the internet. Even the format of all the loan applications are the same. Does anyone have any suggestions?

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