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Updated over 5 years ago on . Most recent reply

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59
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17
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Justin Wilson
  • Pflugerville, TX
17
Votes |
59
Posts

Lending Duty Association

Justin Wilson
  • Pflugerville, TX
Posted

Hello,

Does anyone have experience with Lending Duty Association?  They offered me a buy and hold loan at 4% interest for 30 years with $1880 as a "Cost of Registration."  They said the cost of registration was so they can proceed in preparing the loan.  Does this sound legit?

Thanks,

Justin

Most Popular Reply

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1,691
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2,184
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Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
2,184
Votes |
1,691
Posts
Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
Replied

Who in the world would loan money at 4% for 30 years?  This is a scam, @Justin Wilson.  You will never see a dime of this loan.

Find your lenders locally.

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