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02-18-2015, 06:42 PM #1
- Join Date
- Oct 2014
- Posts
- 41
Lenders that bypass landlord cal
Which lender does this?
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02-18-2015, 06:45 PM #2
- Join Date
- Feb 2015
- Posts
- 2
PM'ed
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02-18-2015, 08:41 PM #3
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02-18-2015, 09:11 PM #4
On Deck is the only one I know of who does this
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02-19-2015, 06:24 AM #5
- Join Date
- Oct 2014
- Location
- NYC
- Posts
- 35
Quarterspot does not require a landlord call to fund a borrower. NO PG nor UCC either.
Either PM me or send a request to partners@quarterspot.com
Thank you,
Mike
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02-19-2015, 08:24 AM #6
- Join Date
- Jun 2013
- Posts
- 293
Do you do any form of rent verification? Do you need a lease and last 3 cancelled rent checks or you just take the merchants word for it when he tells you he's cool with his LL?
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02-19-2015, 11:54 AM #7
- Join Date
- Dec 2013
- Posts
- 4,713
We NEVER call Landlords.. landlords can lie for the sake of tenant ...its weak underwriting ..!!!
Sign-up with Cresthill Capital and receive "Double Digit" commissions, that's RIGHT!! (new 2015 structure!).
We specialize is funding B/C/D paper/ construction/ Home based/ logistics/ trucking/insurance agencies/ NO auto sales . we also have a micro-funding-program (less invasive underwriting model) making aggressive offers from 2K and up (CA. minimum 5k).
Fast underwriting with fewest stips commissions paid Tuesday and Thursday
bizdev@cresthillcapital.comLast edited by mcaguru; 02-19-2015 at 12:09 PM.
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02-19-2015, 12:21 PM #8
- Join Date
- Jun 2014
- Posts
- 59
The landlord call isn't always reliable, but we have caught merchants with them before. It's better than not conducting one.
I would recommend getting copies of rent checks to verify against the bank statements as well as the lease.
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02-19-2015, 11:52 PM #9
On deck bypasses landlord calls on all funding size deals? Or is that only on smaller deals?
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no landlord verification Required
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