Any direct lender that fund (D Paper) that pays more than 12 points???
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  1. #1
    get your deals done and be grateful for the 10-12 thats my opnion , anyone paying out too much is backdooring thats how they make their extra money. when a funders says 10 on a 1.499 its usually a good thing

  2. #2
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    Quote Originally Posted by michael2100 View Post
    get your deals done and be grateful for the 10-12 thats my opnion , anyone paying out too much is backdooring thats how they make their extra money. when a funders says 10 on a 1.499 its usually a good thing
    The going rate in the highrisk paper is 12 on a 1.499.
    To say that if a funder pays more than 10 is only doing so just because they are backdooring to make up for the money is just false.

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