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  1. #1
    Member Reputation points: 269
    Join Date
    Aug 2017
    Location
    Costa Mesa, CA
    Posts
    10

    Stand By

    Stand By for a big announcement
    Last edited by WBL California; 10-03-2017 at 02:52 PM.
    Very Respectfully,
    David Rabouin

    WBL California, LLC dba WBL
    A Subsidiary of World Business Lenders, LLC
    3090 Bristol Street, Suite 160
    Costa Mesa, CA 92626

    Office: (714) 332-1007
    Direct: (714) 862-1849
    Fax: (714) 862-1875
    Email: drabouin@wbl.com

    Licensed California Finance Lender and Broker
    # 60DBO 41841

  2. #2
    I can't even lie, I'm shocked that you guys are still around and feel bad for whoever is dumb enough to submit files.

  3. #3
    Senior Member Reputation points: 8592
    Join Date
    Oct 2014
    Posts
    260

    Quote Originally Posted by WBL California View Post
    Stand By for a big announcement
    I think ill sit
    Second place? Set of steak knives.

  4. #4
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    The big announcement is here. WBL is now offering 10 points on future foreclosures.

  5. #5
    Veteran Reputation points: 159073 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    this could be interesting.. I hate working with wbl and the deals i have ever tried to do in past years were nightmares.. That said a good bunch of people from mcc/bizfi went over there when they closed so you never know. I will need to see it to believe it but it could be a possible that something normal may be coming out of there..
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
    Senior Member Reputation points: 44171
    Join Date
    Aug 2017
    Posts
    404

    Quote Originally Posted by WBL California View Post
    Stand By for a big announcement
    You would have to pay me at least 20 points based on the rates you guys charge.

  7. #7
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    Hopefully their rates have come down. The quotes I got from them in the past made Yellowstone look like On Deck!
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  8. #8
    Senior Member Reputation points: 5479
    Join Date
    Apr 2017
    Location
    Dallas
    Posts
    183

    10 points
    Where do the other 39 points go tho

    hahahahhahahah

  9. #9
    Senior Member Reputation points: 116856 ridextreme's Avatar
    Join Date
    Dec 2014
    Posts
    1,104

    Quote Originally Posted by Nikkiclean06 View Post
    10 points
    Where do the other 39 points go tho

    hahahahhahahah
    that's if your lucky enough to get a 1.49, and not a 1.69 even with real estate collateral

  10. #10
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,370

    merchant has conditional approval from wbl showing pricing as 1.12 (12m) 1.16 (15m) 1.21 (18m) should I assume that conditional approval is fugazy

  11. #11
    Senior Member Reputation points: 12878
    Join Date
    Jan 2016
    Posts
    435

    Quote Originally Posted by Sachip24 View Post
    merchant has conditional approval from wbl showing pricing as 1.12 (12m) 1.16 (15m) 1.21 (18m) should I assume that conditional approval is fugazy
    Not necessarily, I have gotten offers from similar to that from WBL. Granted those were all people with either 700+ credit or the LTV ratio was <1% ie client inherited a million dollar penthouse in NY and only wanted 50K. 99% of the time though take that with a very large grain of salt.

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