Who doesn’t call landlords/mortgage statements for 20k?

**PJLamar38** · 04-24-2018, 05:21 PM

Merchant behind on mortgage- that’s the use of funds. What direct funder would look at this and won’t ask for mortgage statement

**WestCoastFunding** · 04-24-2018, 05:24 PM

How many months behind?

**Jason Sterling** · 04-24-2018, 06:02 PM

We can look at it on credit card split. We would need to 3rd party the funds to bring it current.

**PJLamar38** · 04-24-2018, 06:15 PM

Behind 12 months doesn’t process cards

**WestCoastFunding** · 04-24-2018, 07:53 PM

I’ve seen funders require a portion of the funds be used to make current. But 12 months seems tough.

**ryan $** · 04-25-2018, 09:16 AM

He isnt behind at this point.... He just is NOT PAYING.

**mcaguru** · 04-25-2018, 11:19 AM

Mantis funding will NEVER call a landlord..we may ask for 2 months cancelled rent checks from merchant.

**gaxisa** · 04-25-2018, 12:50 PM

So if he can't afford a 1600 monthly payment what makes him think he can afford a 350-400 daily payment? Default waiting to happen.

Originally Posted by mcaguru

Mantis funding will NEVER call a landlord..we may ask for 2 months cancelled rent checks from merchant.

He can get you 2 months cancelled rent checks from 2016 will that suffice?

**WestCoastFunding** · 04-25-2018, 12:54 PM

Originally Posted by mcaguru

Mantis funding will NEVER call a landlord..we may ask for 2 months cancelled rent checks from merchant.

By not contacting the landlord, aren’t you throwing away a good tool to prevent multiple same-day fundings?

**mcaguru** · 04-25-2018, 01:18 PM

FYI in most cases a landlord will say the best things about a tenant just to make sure they are well oiled to make rent payments.