If a hard money lender brokered me out for a hard money loan, and the referred lender lent me money, Do I refinance with the original lender or the lender who actually funded me? Don't want to sever any relationships.
Lender · San Antonio, TX · Member since 2016 · 1k+ posts · 1k+ votes
4y
@George Alviter In my opinion, it is up to the broker to keep the relationship going. He should be reaching out to you asking how the project is going and if you're ready to refinance. However, if the broker has a longstanding relationship with the lender that they referred you to (which they should), the lender probably would just refer you back to the broker.