Updated about 8 years ago on . Most recent reply
Jordan Capital Finance - Anybody have any experience?
Does anybody have any experience with JCF (Jordan Capital Finance)? They're primarily a rehab lender with terms similar to a hard money lender (14% with 4 points). They're out of state, which I can deal with. They have been very persistent in gaining my business, but I wanted to see what experiences others may have had with them before I send them a credit application.
Thanks!
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Jordan Capital Finance has treated me poorly as an investor for the past three months. They have cost me extra money on deals due to their delays and they have cost me significant issues in getting "paperwork" into their processors. Their underwriters do not make decisions. Their representatives tell tall tales that your "loan" will be done soon.
DO NOT DEAL WITH THESE PEOPLE--buyer be very aware.