It’s definitely a tricky landscape to navigate, but being aware of the pitfalls can make all the difference. How have you been managing those challenges?
When i do a Hard Money Loan, I present a BPO, Along with a CMA, and all the necessary Docs. The First few times it was a night mare as i did not know how to navigate thru these new waters. The next knew i kinda knew what to expect, the 3rd one and after that things started to come together for me and knew what to expect, Even if the HML did not ask for it, i wanted to paint a clear picture so they can make the process faster.
I flip in California (Bay Area) Kiavi is a hard money lender I consistently use. Here's some tips that apply to this lender and most other hard money lenders. 1. Build close relationships with the staff. When you call you need to know your reps name and he/she needs to know your professional and you are as committed to making his/her job easier as they are to you. 2. Repeat business, you start bringing them consistent business they start giving you priorities, faster closing, higher limits, ect. Also don't knock Yuba City. I grew up there. It's not that bad 😂
Thanks for sharing those tips! Building strong relationships with lenders like Kiavi is definitely key to smoothing out the process and getting priority treatment. Repeat business really does make a difference in how they support you, especially with faster closings and higher limits. And I hear you on Yuba City-every place has its charm!
We can definitely close faster than 30, we just did one in 11 days last week 🔥 Hopefully you don’t mind the comment, always happy to help anyone that needs it. We’re in 49 states (no NY) #lender #CardoneVeteransGroup
Yeap, Gotta Love Cali. I live in Cali and i know the pains on this Hard Money Loans.
It’s definitely a tricky landscape to navigate, but being aware of the pitfalls can make all the difference. How have you been managing those challenges?
When i do a Hard Money Loan, I present a BPO, Along with a CMA, and all the necessary Docs. The First few times it was a night mare as i did not know how to navigate thru these new waters. The next knew i kinda knew what to expect, the 3rd one and after that things started to come together for me and knew what to expect, Even if the HML did not ask for it, i wanted to paint a clear picture so they can make the process faster.
I flip in California (Bay Area) Kiavi is a hard money lender I consistently use. Here's some tips that apply to this lender and most other hard money lenders.
1. Build close relationships with the staff. When you call you need to know your reps name and he/she needs to know your professional and you are as committed to making his/her job easier as they are to you.
2. Repeat business, you start bringing them consistent business they start giving you priorities, faster closing, higher limits, ect.
Also don't knock Yuba City. I grew up there. It's not that bad 😂
Thanks for sharing those tips! Building strong relationships with lenders like Kiavi is definitely key to smoothing out the process and getting priority treatment. Repeat business really does make a difference in how they support you, especially with faster closings and higher limits. And I hear you on Yuba City-every place has its charm!
We can definitely close faster than 30, we just did one in 11 days last week 🔥 Hopefully you don’t mind the comment, always happy to help anyone that needs it. We’re in 49 states (no NY) #lender #CardoneVeteransGroup
It’s always great to have speedy closers in the mix.