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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.
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.
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
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
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.
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.
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.
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!
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