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Updated over 6 years ago,
Help with questions for HMLs??
Hey everyone,
I hope everybody is having a nice first half of their week!
So when I read threads on here where people are talking about finding good hard money lenders, they always talk about interviewing the lender themselves, just as the lender wants to interview them to see if they are a good fit.
Clearly a great idea.
My issue is, having not worked with an HML before... I am not sure what all to ask. I have some basic questions but they seem too simple and too few.
What questions do you ask HML specifically when interviewing them to see if they are a good fit for you?
When interviewing them, what are some red flag answers that would have you running the other direction or even just a bit concerned? Also, are there any answers that would cause you to really want to learn more about that specific HML?
I am trying to build a sort of script so that I can just go through my questions and type in my answers and then have the info I need on each HML in that format.
Thank you all!