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Updated 11 months ago on . Most recent reply

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Neil Anthony Giscombe
  • Real Estate Agent
4
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25
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Has anyone used Blue Pacific Home loans

Neil Anthony Giscombe
  • Real Estate Agent
Posted

I received an offer for 100% purchase and 100% rehad on a fix and flip from Blue Pacific Home Loans. I Google there name but not much came up, so not sure if some one has used them in the past.

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,800
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

99% sure its a fake lender..  and the next thing you know you will be approved just send us 500.00 or 1000.00 commitment fee etc etc.. Be very careful of these fake on line lenders.. its a huge scam these days..

while 100% exists in the market place its only for well established long term repeat clients. And no lender advertises they do it..

Even Do Hard Money that advertised 100% 100% you had to spend 3k on their training materials up front and spend 600.00 per loan submission.. so you needed up front money and also have to advance on the draws.. So you need money in this bizz its just a fact. 

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JLH Capital Partners

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