Lima one capital or Visio lending?

[Philip M.]

Anyone have experience with either of these lending companies? Preferences of one over the other? Advantages/disadvantage to using these types of lenders? Any info any one could share would be greatly appreciated. Thanks!

[Timothy Hero]

When the pandemic started, the entire industry went upside down. Notice when you're doing a mortgage with a commercial/private lending company, you don't sign a "rate lock" agreement? The goal is to abide by the quote, but if something dramatically changes in the market, up until the final term sheet has been signed, they can change it.