Borrowers Express Traditional Lender Dissatisfaction

When it comes to purchasing a home, the majority of people will need to go with a lender to become a homeowner. It’s a tried and true practice that’s been going on for years as most people don’t have the funds to pay full cash for a home. Now here’s the interesting part: over twenty percent of first time buyers regret going with a lender according to a recent study surveying more than 5,000 people.

One of the reasons why borrowers have expressed regret is simply having a less than pleasant experience, often caused by poor communication and promises that went unmet. Additionally, borrowers have stated that they felt as if they were being pressured into choosing a certain mortgage product.

Need money for a home or investment project? With a hard money real estate loan, you’re working directly with professionals that have extensive experience and are there to get you the money you need in less time without all of the red tape involved with a traditional mortgage lender. We provide the low rates without the pressure of trying to make you choose a product that isn’t right for you when all you need is the money.

This update is brought to you by Michael Internoscia, Principal Broker and CEO of hard money lenders Florida company M & M Private Lending Group. We have over three decades of experience specializing in private money real estate loans and we pride ourselves on providing our esteemed clients a service that’s personalized while delivering low rates and closing costs. We also offer mortgage note investments and have worked extensively with brokers and affiliates. Call 305-363-7169 or 954-445-4434 to speak with a lending representative about our Florida private loans or visit our website at https://mmprivatelending.com to fill out an application form.

42 Comments on “Borrowers Express Traditional Lender Dissatisfaction”

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