Business Page
LendSimpli
Lender
4.6 stars
75 Reviews
Markets served
Nationwide
Except the following states:
Alaska
Arizona
Hawaii
Idaho
Minnesota
Nevada
North Dakota
Oregon
South Dakota
Utah
Vermont
About us
LendSimpli is a nationwide, direct private lender headquartered in Tampa, FL. With a laser focus on DSCR Loans, LendSimpli's experienced team prides itself on its competitive programs, clear and transparent communication whilst working with new and experienced investors - helping them to achieve financial freedom. LendSimpli's DSCR program is defined by several factors - minimum asset value of $100,000, minimum loan amount of $75,000. Property cannot be rural and must have sales and rental comparables in proximity. Minimum credit score is 660. Max LTV for a purchase and rate/term refinance is 80%, whilst a cash out refinance is 75% LTV. Minimum DSCR is 0.75x in most cases. Specializes in 1-4 units however, can finance up to 10 units.
Specialties
Hard/Private/Non-QM
DSCR (long-term rental)
Refinance (investment)
Reviews (75)
4.6 stars
75 Reviews
4.6 stars
75 Reviews
0.0 star
0 Reviews
5.0 stars
10 months ago
Reviewed by
Matthew Harms (PenPodcast)
I cannot say enough good things about how great the experience was with Lendsimpli. The entire team is professional, knowledgable, and attune to the sophisticated needs of investors. Our first refinance in December went so well that we just did 2 more deals with them. There is no doubt where we will go the next time we need to purchase or refinance investment property!
5.0 stars
11 months ago
Reviewed by
Victoria Altman
As an insurance agent I work with many loan brokers. I had the pleasure of working with Jeff Billie’s on a mutual customer. His professionalism was outstanding . He was very understanding and timely with all of his responses. We were able to work through any issues and get this completed for the customer. I truly hope I have the pleasure of working with him again in the future.
5.0 stars
a year ago
Reviewed by
Collin Lentz
I recently closed a DSCR loan with Jeff and his team. I've worked with other investment lenders in the past and Lendsimpli is honestly on another level. Everyone was really quick to respond to any question or concern which is super important. I felt as though I was getting honest, transparent communication throughout the process. The portal system used to collect the necessary documentation is great! Everything is very organized all in one place. Thanks so much everyone there. I look forward to doing another deal with you soon.
5.0 stars
a year ago
Reviewed by
Scott Williams
Working with Jeffery Billiet as my broker has been awesome. Very responsive and has helped me push through any hurdles along the way. Highly recommend lend simpli and Jeffery. I’ve worked with several brokers over the years and Jeffery has by far been the best!
5.0 stars
a year ago
Reviewed by
Lanee Kittrell
Excellent experience working with Jeff and his team! This first loan with LendSimpli was a cash-out refi. Great rates and customer service. Jeff was always available to address any questions we had and ensured we were all set through closing. Overall, they’re a great lending partner that understands the REI business and makes loan processing easy. We’ll absolutely be using them again.
5.0 stars
2 years ago
Reviewed by
Cade Jones
Easily the best lender we have worked with to date! From receiving our original quote down to closing day the LendSimpli team was a 10/10 service to get us from start to finish. It was an absolute pleasure to work with a lender who was extremely detail-oriented, always responsive, and willing to do their best to work with you on the specific details regarding your loan product. We worked primarily with James and Corey who assisted us and answered every question we had along the way. Our real estate investing company has worked with several other lenders, but none have compared to the professionalism and efficiency of LendSimpli! We look forward to closing several other deals this year together and we will be referring anyone that comes our way to the LendSimpli team.
5.0 stars
2 years ago
Reviewed by
Joe Foxx
My company Vira Realty Source was able to successfully close a portfolio investor loan with LendSimpli on one of our STRs.( based on occupancy and income) Both Paige and Jackie's approach and diligence was refreshing. They were very transparent and investor friendly. Great rates! And we plan to do more business in the future..closing was fast. The refi funded the day after a mobile closing.🙂
5.0 stars
3 years ago
Reviewed by
Cole Britt
I chose lend SIMPLI because I’m a small business owner and my debt to income ratio is not ideal for banks and conventional mortgages, but our credit is really good. If you’re in this kind of situation, Lend SIMPLI is perfect. We closed within 40 days, the terms were the same at closing as they were discussed in the beginning. No surprise fees. My attorney said the process was pretty smooth for them. I’m a real estate agent, so I have experience with closings and purchasing houses. This was JUST AS smooth if not MORE than a traditional financing situation.
Best of all is their customer service. I personally had two people assigned to me, Paige and Erica. They were incredible. I could txt or call them anytime, and if they were busy they would get back to me ASAP. I even told them about a baby girl I was having the week of closing and they were always so sweet to ask how everything was. They sent me this card after closing. Couldn’t recommend more. The negative reviews are most likely from people that didn’t cooperate with the documents they needed ( which were minimal). I WILL be using them again. Couldn’t recommend more. Seem great from the top down.
5.0 stars
10 months ago
Reviewed by
Matthew Harms (PenPodcast)
I cannot say enough good things about how great the experience was with Lendsimpli. The entire team is professional, knowledgable, and attune to the sophisticated needs of investors. Our first refinance in December went so well that we just did 2 more deals with them. There is no doubt where we will go the next time we need to purchase or refinance investment property!
5.0 stars
11 months ago
Reviewed by
Victoria Altman
As an insurance agent I work with many loan brokers. I had the pleasure of working with Jeff Billie’s on a mutual customer. His professionalism was outstanding . He was very understanding and timely with all of his responses. We were able to work through any issues and get this completed for the customer. I truly hope I have the pleasure of working with him again in the future.
5.0 stars
a year ago
Reviewed by
Collin Lentz
I recently closed a DSCR loan with Jeff and his team. I've worked with other investment lenders in the past and Lendsimpli is honestly on another level. Everyone was really quick to respond to any question or concern which is super important. I felt as though I was getting honest, transparent communication throughout the process. The portal system used to collect the necessary documentation is great! Everything is very organized all in one place. Thanks so much everyone there. I look forward to doing another deal with you soon.
5.0 stars
a year ago
Reviewed by
Scott Williams
Working with Jeffery Billiet as my broker has been awesome. Very responsive and has helped me push through any hurdles along the way. Highly recommend lend simpli and Jeffery. I’ve worked with several brokers over the years and Jeffery has by far been the best!
5.0 stars
a year ago
Reviewed by
Lanee Kittrell
Excellent experience working with Jeff and his team! This first loan with LendSimpli was a cash-out refi. Great rates and customer service. Jeff was always available to address any questions we had and ensured we were all set through closing. Overall, they’re a great lending partner that understands the REI business and makes loan processing easy. We’ll absolutely be using them again.
5.0 stars
2 years ago
Reviewed by
Cade Jones
Easily the best lender we have worked with to date! From receiving our original quote down to closing day the LendSimpli team was a 10/10 service to get us from start to finish. It was an absolute pleasure to work with a lender who was extremely detail-oriented, always responsive, and willing to do their best to work with you on the specific details regarding your loan product. We worked primarily with James and Corey who assisted us and answered every question we had along the way. Our real estate investing company has worked with several other lenders, but none have compared to the professionalism and efficiency of LendSimpli! We look forward to closing several other deals this year together and we will be referring anyone that comes our way to the LendSimpli team.
5.0 stars
2 years ago
Reviewed by
Joe Foxx
My company Vira Realty Source was able to successfully close a portfolio investor loan with LendSimpli on one of our STRs.( based on occupancy and income) Both Paige and Jackie's approach and diligence was refreshing. They were very transparent and investor friendly. Great rates! And we plan to do more business in the future..closing was fast. The refi funded the day after a mobile closing.🙂
5.0 stars
3 years ago
Reviewed by
Cole Britt
I chose lend SIMPLI because I’m a small business owner and my debt to income ratio is not ideal for banks and conventional mortgages, but our credit is really good. If you’re in this kind of situation, Lend SIMPLI is perfect. We closed within 40 days, the terms were the same at closing as they were discussed in the beginning. No surprise fees. My attorney said the process was pretty smooth for them. I’m a real estate agent, so I have experience with closings and purchasing houses. This was JUST AS smooth if not MORE than a traditional financing situation.
Best of all is their customer service. I personally had two people assigned to me, Paige and Erica. They were incredible. I could txt or call them anytime, and if they were busy they would get back to me ASAP. I even told them about a baby girl I was having the week of closing and they were always so sweet to ask how everything was. They sent me this card after closing. Couldn’t recommend more. The negative reviews are most likely from people that didn’t cooperate with the documents they needed ( which were minimal). I WILL be using them again. Couldn’t recommend more. Seem great from the top down.