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Ascension Funding Group
Hello all, I'm an investor based out of NYC but i invest in Pennsylvania, in and around scranton. I currently have an apartment building under contract that's in Canton,PA and I have been looking for lenders. I came across Ascension Funding Group and was wondering if anybody has done business with them. The reps i've spoke to say it's a private money lender but I just want to make sure they're a legitimate company. If anybody has done business with them or has any experience with them I would like to hear your experience.
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Have not heard of them.
I would just be careful sending any funds. I don’t charge anything until the closing with all funds being escrowed by the title company/attorney. This puts everyone involved in the transaction at ease.
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Quote from @Rivers Fike:
Have not heard of them.
I would just be careful sending any funds. I don’t charge anything until the closing with all funds being escrowed by the title company/attorney. This puts everyone involved in the transaction at ease.
I just spoke with them today, sounded interesting but nothing was mentioned about any transactions being made. They ask me to fill out a questionnaire first and if it looks promising one of the investors will reach out to me. I never dealt with a private lender before so im not entirely sure how they operate.
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@Brett Adler
A lot of lenders also go through larger firms
For example if it’s a deal I don’t like internally I can run it through kiavi as well or other lenders to fund
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Did you end up doing business with them? I came across Ascension recently as well but have not found any good reviews to go off of.
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Quote from @Brett Adler:
Quote from @Rivers Fike:
Have not heard of them.
I would just be careful sending any funds. I don’t charge anything until the closing with all funds being escrowed by the title company/attorney. This puts everyone involved in the transaction at ease.
I just spoke with them today, sounded interesting but nothing was mentioned about any transactions being made. They ask me to fill out a questionnaire first and if it looks promising one of the investors will reach out to me. I never dealt with a private lender before so im not entirely sure how they operate.
@Brett Adler
Did you end up doing business with them? I am talking with them right now and wanted to hear any feedback.
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Quote from @MATT L CLEMENTS:I didn't, the deal fell through but I didn't decide to use them. Tried going through a conventional bank.
Quote from @Brett Adler:
Quote from @Rivers Fike:
Have not heard of them.
I would just be careful sending any funds. I don’t charge anything until the closing with all funds being escrowed by the title company/attorney. This puts everyone involved in the transaction at ease.
I just spoke with them today, sounded interesting but nothing was mentioned about any transactions being made. They ask me to fill out a questionnaire first and if it looks promising one of the investors will reach out to me. I never dealt with a private lender before so im not entirely sure how they operate.
@Brett Adler
Did you end up doing business with them? I am talking with them right now and wanted to hear any feedback.
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I’ve started the process with them. I’ll keep you posted. My deal isn’t under contract yet, but if we make it through, I’ll let you know if I ended up using them. Feel free to check back in with me.
Thanks!
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Quote from @Matt Clements:
I’ve started the process with them. I’ll keep you posted. My deal isn’t under contract yet, but if we make it through, I’ll let you know if I ended up using them. Feel free to check back in with me.
Thanks!
I'll try to stay informed. I have a few potential deals in the pipeline so this could be a great avenue for me.
thank you