@Todd Anderson Thank you for your thoughtful response.

I would say compare terms, seasoning period requirements (Assuming when you mentioned construction loan you're talking about a rehab project), response time of your rep, learn as much about their loan underwriting and approval process as you can.

My first response to this is why would you only want to address their basic needs?

A lot of lenders are starting to offer this product as well in response to the economy.Are you looking to purchase a condo in the Phoenix area as an LTR?

Does anyone have any response to this?

@Jordan MoorheadI had written out out a response that was documented with statistical evidence across the asset classes that are good ones... but on 2nd thought.

Much some of the responses below, there are legal implications to consider. 

The internet has a way of highlighting all the scams out there, but fail to mention the ones that are doing good work.I lack the charisma, but I do have a soul and a successful community.This is exactly the type of response Nick's comments would draw from the type.The best coaches in the world have nothing to sell you, have done mostly everything you're trying to do and pass the guidance without being loud about it.

I have no responsibilities - other than reading regular reports and (hopefully) depositing checks. 

Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!