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07-16-2019, 01:46 PM #1
- Join Date
- Jun 2015
- Posts
- 3,326
funded a 150k 11 month 1.38 ( made 8 points ) this month. my next biggest approval was 90k 7 months ,one funder offered 40k 5 months and one 25k 4 months
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07-16-2019, 05:21 PM #2
- Join Date
- Apr 2018
- Posts
- 144
Goes to show no one really has underwriting figured out in the MCA industry. When you compare to mortgages, car loans, they all have credit models that keep approvals almost identical across the board.
One of those companies that made the offer is right, and the rest are wrong. Either Knight will be paid back perfectly, and have a long relationship of funding, or it won't go well, and the companies that offered lower amounts and less days were right.
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