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Updated over 2 years ago on . Most recent reply
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Lenders Matrix LLC... Legit company?
https://lendersmatrixllc.com/l...
Does anyone have experience dealing with this company? They reached out to me on Facebook with some appealing financing terms. Wanted to see if they are legit and what others experience dealing with them has been! Thanks for any feedback!
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Quote from @Craig England:
https://lendersmatrixllc.com/l...
Does anyone have experience dealing with this company? They reached out to me on Facebook with some appealing financing terms. Wanted to see if they are legit and what others experience dealing with them has been! Thanks for any feedback!
dont know if they are real though but a few red flags.
lenders dont reach out on facebook.. borrowers reach out on facebook.
terms to good to be true most all HML rates are within a few basis points of each other given the stiff competition for borrowers.
this is a big one on their website they say they are Ohio based and make OWNER OCCUPIED fix and flip loans..
well do to any owner occuppied loan you must be state licensed with NMLS registration.. and as such by law they must put their unique identifier on the home page of their website which they dont have.
I suggest you look at a few websites of legit lenders to see the state license and NMLS license on the front page of their site.. Like Lima one
Or Kavi etc.. easy check there.
but rates too good to be true is a BIG FAT RED Flag to a pump and dump due diligence or advance fee company.
- Jay Hinrichs
- Podcast Guest on Show #222
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