No one likes to hear “no” when asking for something they want or need. It’s especially painful when “no” comes after applying for a mortgage loan to buy a personal home or investment property.
However, with more than 19 years in the lending business as both a conventional and a hard money lender in California, I have met many folks who will not allow “no” to deter them, and they keep looking for another lender who will say “yes”! This spirit and determination often pays off in the long run.
If this describes your situation, let me offer four tips to help you select the right lender to fund your loan and get your financial future moving forward.
- Look for an experienced lender. When a lender has been in business in the same area for many years it proves that the lender knows the business and can meet customer requirements. At Cushner Capital Group, we’ve been helping borrowers since 1985. As you know, the financial world and the real estate world have experienced a lot of changes – as well as ups and downs – over that period. Our experience, professionalism, and dedication have allowed us to persevere through high and low rates, easy doc loans to the new guidelines.
- Find a lender who communicates well. There is nothing worse than “being in the dark” after you have submitted a loan application. If you’ve been turned down by a conventional lender, there’s a good chance you’ve experienced this. At Cushner Capital Group, we let you know exactly what is happening and even better, we can give you a firm answer and fund your loanin as little as seven to ten days. We guide you through the process, so there are no surprises at the end.
- Make sure your lender operates professionally and is licensed. You want to be treated in a completely professional manner. You deserve nothing less. That’s our approach to the business at Cushner Capital Group. We’re dedicated to the highest level of customer service and we believe you’ll feel that dedication when you work with us. Of course, we are licensed by all the proper agencies. This enables us to write 1st and 2nd Trust Deeds for real estate in Los Angeles, Orange County, San Francisco and other areas in California. As a direct hard money lender, we make sure our compliance is in line with State and Federal requirements.
- Find a lender with the flexibility to meet your needs. The story behind every property and every buyer is different and this means that there’s no single perfect loan for everyone. Depending on where you are in life, you might want a shorter or longer term loan. At Cushner Capital Group we want to work with you to make sure that the terms of your loanare ideally suited to support your success. That way everyone benefits. If you’d like more information, please give me a call at 760-845-9035.