Attention, Brokers: There's A Middle Ground Lender Between Banks and Hard Money
Whether you're a Seasoned Veteran, or just starting out in the mortgage industry, every broker has experienced this painful moment: you have assured your client that you will do everything in your power to get their loan funded, then you find out that the bank has turned them down. It's at this point you have to break the frustrating and disappointing news to your client. But perhaps the worst part, is that you feel clueless on where to take the deal next. If the banks are out, where can you turn to get the loan funded?