Hard money lender up front fees

[Stone Teran]

Has anyone worked with Blackburne & Sons in Sacramento, CA?

http://www.blackburneandsons.com/

They seem legitimate and they've been around a long time.  They have done their due diligence and offered fair loan terms.  They never over-promised anything.  My only concerns are:

1. They are in CA and I'm in OH.

2. They won't let me pay for the $3,500 appraisal, which understandably has to be done before closing, directly to the appraisal company.

I've had an extremely tough time finding a HML in Ohio for big multi-family buildings so I'm prepared to go on gut feeling with Blackburne. I'd could really use your feedback.

[Jay Hinrichs]

@Stone Teran

  two things I look for is the NMLS # on website : Check

California brokers license on Webstie :  Check

now just to the state  agencies and look up those license numbers you will see if they are in good standing had complaints of a serious nature etc.

just by looking at their web page for 30 seconds I would say they are most likely legit.

but do check on the state sites to verify.