Dwell Financing Reviews

[Pavlos Kasselouris]

Has anyone had any experience with this lender? Are their rates truly competitive? They are supposed a B2R division, which advertises in here.

I like the fact that you get the loans on the name of an LLC and your subject property is the one getting qualified basically. Of course there is a minimum credit score for the applicant but it sound to me too good to be true. I'm afraid that if I apply they will offer something like a 8% rate...

[Pavlos Kasselouris]

I went ahead and applied to get a feeling about the rates. For a fourplex I used worst case scenario on purchase price, and had a rate of 6.5% for a 30yr, but low enough origination costs.

There are prepayment penalties for the first 3 years.

I might give them a try if I get stack with lower rates loans.