Updated about 7 years ago on . Most recent reply
Private lender fraud
What is the easiest way to tell if a private lender is a fraud? I have one private lender who keeps contacting me about offering private loans. He says his name is Bryan Chambers from Chambers Financial located at Rathdrum, ID. He found me. I didn't find him. Has anyone ever heard of a Bryan Chambers from Chambers Financial?
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#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
tony,
NO lender lends in all 50 states period.. not one.. many say they do but most are not licensed in a few states.. google lima one and see what states they are licensed in.
no private lender has licenses in all the states they need them in.. Many do it illegally for sure.
and it does not matter to you as a borrower but anyone who says they lend in all 50 states I know they are full of it.
- Jay Hinrichs
- Podcast Guest on Show #222
