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Updated over 4 years ago on . Most recent reply
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Velocity Mortgage
Is Velocity Mortgage a legitimate business? When I call their 800 number is goes to a voicemail with a digital recording that doesn't have their name.
Most Popular Reply
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Do you honestly think we don't want your business Steve? Unfortunately once you get to our space, and even hard money, we say "No" to deals a lot more than "Yes". I don't get paid a salary, so I wouldn't be here today if we didn't close loans. I can tell just by your signature that you probably deal with more fix & flip investors, and we're absolutely not ideal for those types of scenarios. We are a buy & hold lender so that's why we probably haven't been able to do a deal with you yet.
I apologize if you felt shunned by our niche/boxy product, but it's always best practice to give you a quick and confident "I'm sorry, we can't do this deal.." than it is to drag you through the mud on a deal that we can't close in the end.