Updated almost 5 years ago on . Most recent reply
Velocity Mortgage
Is Velocity Mortgage a legitimate business? When I call their 800 number is goes to a voicemail with a digital recording that doesn't have their name.
Most Popular Reply
Do you honestly think we don't want your business Steve? Unfortunately once you get to our space, and even hard money, we say "No" to deals a lot more than "Yes". I don't get paid a salary, so I wouldn't be here today if we didn't close loans. I can tell just by your signature that you probably deal with more fix & flip investors, and we're absolutely not ideal for those types of scenarios. We are a buy & hold lender so that's why we probably haven't been able to do a deal with you yet.
I apologize if you felt shunned by our niche/boxy product, but it's always best practice to give you a quick and confident "I'm sorry, we can't do this deal.." than it is to drag you through the mud on a deal that we can't close in the end.