Conventus left hanging at closing table

[James McGovern]

Tried first hard money loan with conventus and it was painful. They continued to ask for information the day after we were supposed to close. I have only used private money in the past and never had a negative experience. Are all lenders who don't use their own money more burdensome compared to lenders using their own cash?

[Chris Seveney]

Quote from @Doug Smith:

Not usually. I am not familiar with them, but that's not a normal occurrence. 

I saw someone noting they were providing DSCR loans starting in the 5's. Have you heard or seen that? If so, where they get their $ from as that is screaming ultra competitive (1% below other rates we are seeing)