Recommendations on NJ Hard Money Lenders?

[Gina C.]

Hi again! :)

So I've been checking out some hard money lenders in NJ and reached out to every HML listed on BP. I'm liking a few (namely Gelt Financial, LendingOne and ABL) but I was wondering if anyone can vouch for or warn me against any of them, or if anyone can recommend HMLs that's aren't already listed on BP (who are newbie-friendly)?

Also, is it typical that HMLs will offer to refinance your hard money loan (without the need to go to a different bank)? Gelt advised that they do that and it sounded almost too good to be true. 

Thanks again guys! :)

[Gina C.]

Originally posted by @Johnathan Boyle:

@Gina C. Honestly, never heard of Gelt Financial. Are they nationwide? I would recommend going to one that is closing to home sometimes. Although they aren't closer to home, I've heard good things from another local flipper, I am currently working with LendingHome (I will let you know how that goes), but some good ones I've been told about were Alpha Funding (Never heard about them not closing on a deal), Rehab Financial Group, Infinity Capital Finance, and Ashmore Partners just to name a few. 

 Thanks Johnathan, I'll check them out as well!