Are there any good lenders?

[Karen Plyler]

I see many post regarding the question about a certain lender or company on whether they are good, legit, or scam. I have not seen anyone ask the question for recommendations for good lenders. Why are there any discussions or forums praising or highlighting the "good" lenders for both private money & hard money? Is there a reason why this question has not been asked? Is it all situational or relative? Would any of you use a "bad" lender if you had a different representative?

[Zach Smith]

Private/hard money lenders can be very transactional and hands-off. They’re often looking for a passive investment and/or a quick close to profit on their fees. This transactional lending philosophy is very prevalent as borrowers tend to constantly shop for the lowest price for their money. My theory why people rarely post praises for their lender is they just don’t have that much to say about them. The lender either wasn’t involved in the project besides cutting the check(s) or didn’t bring any additional value to the table. The borrower doesn’t have much to say unless things go poorly. And when they go poorly, they can go very, very poorly. 

I lend through my family’s company here in Oregon. Not trying to toot our own horn but we know how this industry works and try to be different. Private/hard money rates/fees can be expensive, and in our opinion borrowers should get a lot more value for that investment.