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Updated over 8 years ago, 07/21/2016

User Stats

45
Posts
30
Votes
Maisa Vahedi
  • Realtor
  • Dubai, UAE
30
Votes |
45
Posts

Lender Advice

Maisa Vahedi
  • Realtor
  • Dubai, UAE
Posted

Hi BP folks!

I want advice on a lender that I might be working with. 

She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking for POF of the $75,000 before she will introduce me to any reference. The LTV is 97% with the due diligence fees rolled back into the loan at the time of closing. 

I know there's isn't much information here but can you please point me in the right direction. Is this lender legit? I've googled her name and company name and it doesn't come up with reviews good or bad. 

Thank you,

Maisa 

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