LendingOne, LLC currently does not lend in the following states: Alaska, Nevada, North Dakota, and South Dakota. That basically sums everything up. LendingOne, LLC is licensed or exempt from licensing in all other states. Job Function Administrative Arts & Design Business Consulting Customer Services & Support Education Engineering Finance & Accounting Healthcare Human Resources Our customers value our prompt high quality service. lending partners' website, they will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and Yes, Lending One mortgage may charge a loan origination fee. Justin, Kelcey, and the team were great to work with. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. 2023 Trustpilot, Inc. All rights reserved. We look forward to working with you again soon!-CM. Recent Experience with LendingOne - BiggerPockets We have regional offices in Dallas, TX, and Los Angeles, CA. We hope to have the opportunity to serve you better in the future.- CM, Quick turnaround time, minimal hassle. Please note, we are aware of complications with accounts held by Fay Servicing and have made it our top priority to resolve these issues. Secondly, our approvals based on the Property Cashflow and not individual tax returns. Learn more about Birdeye, 5 types of customer expectations and why they matter for your business. Working At LendingOne: Employee Reviews And Culture Our customers value our prompt high quality service. LendingOne Real Estate Investor Loans are available in 41 states (and Washington, DC). We will share this with the deal team to let them know how we are doing!-CM, Communication was horrible, emails and phone calls had gone delayed or not returned at all. This happened right at the time when the Feds starting raising interest rates. The minimum amount that borrowers can get funding for with a fix and flip loan is $75,000. She answered any questions I had, and constantly updated me on the process! My account manager?) Replied to 87% of negative reviews. It goes against our guidelines to offer incentives for reviews. BBB Business Profiles generally cover a three-year reporting period. Secondly, our approvals based on the Property Cashflow and not individual tax returns. So awesome, Andrew and his team were so helpful through the entire process. And please don't comment that rates, terms, loan structure are variable. They do not pay my Real Estate insurance on time and it gets cancelled ( multiple properties) This speaks volumes about your company and the references I give to other investors about your company and the hand off to Fay. We pride ourselves on our excellent customer service and seamless lending process. For the BBB EU Privacy Shield independent dispute resolution program, please click here. Buy now, pay later refund issues cause hundreds of customer complaints Clear instructions and follow through. What Are Collateral-Free Unsecured Business Loans? Anyone can write a Trustpilot review. LendingOne, LLC Reviews | Read Customer Service Reviews of lendingone Horrible experience and I would never recommend them moving forward. User does not have to select a country if they click this link. Were glad to hear that our teams performance exceeded your expectations, and well make sure that Candida and Scott receive the recognition they deserve. Love the website where you can submit documents. LendingOne works hard to provide funding with speed and ease. Report. Rates are comparatively lower. LendingOne Reviews: What Is It Like to Work At LendingOne? After the inspection, the funds are released and wired to the borrowers account. We're happy that you're happy, and we're looking forward to working on your next deal with us soon.-CM. It makes our day to hear that we were able to provide you excellent service. International Association of Better Business Bureaus. A fix-and-flip loan is a short-term mortgage used to acquire a property quickly that includes financing the repairs. All Rights Reserved. LendingOne is in a league of their own in terms of sophistication, market knowledge, and customer service. Loans made under LendingOne, LLC (NMLS ID # 1508627) pursuant to AZ Mortgage Banker License 0944181, CA - DFPI Financing Law License 60DBO-58915, ID Mortgage Broker/Lender License MBL-2081508627, MN Residential Mortgage Originator License MN-MO-1508627, OR Mortgage Lending License ML-5529, UT-DRE Mortgage Entity License 12767077, and VT . Hello Tetyana,We greatly appreciate having completed three loans with you to date. In general, we are going to be more flexible than a bank, but still do have requirements that are different than a local hard money lender. From offer terms that were only for those flippers who have 100 flips under their belt, to lending terms that changed, to appraisals that weren't ordered. Didn't do her due diligence on deeded properties and not purchased one. Luckily I was able to eek together the money.My issue was not with underwriters making the determination that I needed to put more money down. Here are 8 tips for writing great reviews. I tried a couple of other lenders during the pandemic when Wallstreet money slowed down but ran back to Lending One for better rates and terms as soon as they opened again. You can email them at postclosing@lendingone.com.We hope to see that this issue is resolved for you and your partners.- CM. Finally, we work to complete closings in weeks instead of months. Do you want to invest in real estate but have no idea where to start? Were glad to hear that our teams performance exceeded your expectations, and well make sure to share this post with them. enviando un correo electrnico a Lending Guidelines for LendingOne. First off let me start with the things I think LendingOne excels at: Now here is where I feel a bit frustrated with their product marketing and what I actually got. It goes against our guidelines to offer incentives for reviews. The loan coordinator Johnn Alvarez kept on top of the file made sure the appraisal was scheduled and done in less then a week. We are easier than a bank and ask for less documents, but are cheaper than hard money since we ask for a few more documents. Once the loans closed, Im the primary contact for all the companies, but only the primary borrower is allowed to get into the account with any questions. We really appreciate you being a customer and helping to share the word about us. Claim this listing. Im thankful I found Lending one! Pros and Cons of Refinancing Your Mortgage, Questions to Ask Before Refinancing Your Mortgage, SuperMoney's Student Loan Refinance Marketplace, How To Get The Best Student Loan Refinance Rates. Lending One Reviews - New Silver Thank you again for choosing to work with LendingOne!-CM. 1 review US Mar 5, 2023 Verified LendingOne great for a first time DSCR loan LendingOne has been a wonderful first experience for me with a DSCR loan. We had many events such as softball games . The lender will collect $813 in monthly interest payments from the borrower. I spent over $1600 on appraisers, the one appraiser messed up the appraisal combing 2 different properties into one. Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence! Customer service is excellent and they always delivered timely in regards to any specified timeframe. We appreciate your loyalty as a customer over the last year. The lending officers are courteous, professional, knowledgeable and prompt. We offer both purchase and refinancing options. However, transparency and communication from their sales reps is just not good. 84% of employees would recommend working at LendingOne to a friend and 81% have a positive outlook for the business. You can look at each loan program page to see what you need. By clicking "Request Free Info," you consent to our. Justin, Kelcey, and the entire LendingOne team look forward to working with you again soon.-CM. . Hi Donald,Thank you for sharing your experience and giving us a 5-star review! Candida Domingo and Scott Specter were both great to work with and helped to facilitate 2 quick, smooth transactions for my company! Our past and current project: We do buy-rehab-refi-hold (airbnb) rentals . 42 Salaries 2 Interviews 5 Benefits 16 Photos 15 Diversity + Add a Review LendingOne Boca Raton Reviews Updated Oct 14, 2022 Filter by Topic Remote Work Work Life Balance Career Development Coworkers Culture Compensation Management Benefits Senior Leadership Workplace Covid 19 Search Reviews Search Reviews Filter by Job Title Clear All Adnew,It's always amazing to hear that weve been successful in our goal of providing our customers with the best possible experience. Home Mortgage Loans from, in 36 Reviews 5 Jobs 43 Salaries 2 Interviews 5 Benefits 16 Photos 15 Diversity Follow + Add a Review LendingOne Charlotte, NC 0.0 Matt Neisser 0 Rating LendingOne Charlotte, NC isn't hiring right now. During the pandemic, our Hotline received thousands of complaints outside of its electronic complaint submission system. BBB directs its services to businesses and consumers in North America. We hope to continue to be your trusted lending partner for many deals to come!-CM. Hes completed multiple commercial loans for us. Reverse Mortgages: When Do They Make Sense? We realize during an investment property transaction there are a large number of back and forth communication. Can a First-Time Home Buyer Get a Jumbo Loan? We look forward to continuing to be your trusted lender for many deals to come.-CM. We only lend to real estate investors and dont provide any conventional loans like Quicken or Wells Fargo. We greatly appreciate your business and hope to continue to provide the service your business deserves!All loan payments and escrows are held with the Servicer of your loan. We closed two weeks earlier than our contract. Copyright 2023 SuperMoney, LLC. We pride ourselves on our excellent customer service and seamless lending process. We have completed loans over $30M and have lent over $100M to a single client. Wenn Hi Barbara,We are incredibly grateful that you took the time to leave us a 5-Star review. We typically recommend a local lender for your first investment. about businesses and we make it easier for their voice to be heard by the companies. LendingOne, LLC serves as the originating entity for all loans and is licensed under NMLS ID # 1508627, Arizona Mortgage Banker License # BK-0944181, California Finance Lender License # 60DBO-58915, Minnesota Residential Mortgage Originator License # MN-MO-1508627, Oregon Mortgage Lenders License # 5529 and Vermont Commercial Lender License # 1508627 CLL. I would definitely recommend them to anyone in the rental property business! Their use does not signify or suggest the endorsement, I highly recommend them. If you feel that is incorrect please reach us directly and we will be happy to clarify.- CM. Will use again on other investments Flips and Renos. LendingOne, LLC has 1 locations, listed below. Lending One | Review | Is it Right for You? | Learn More Here LendingOne does not act as the servicer of your loan and thus does not handle any payments post closing. Compare Business Checking Accounts Reviews. The focus of their lending is on single family units and multi-family. Hi Kevin,Its always amazing to hear that weve succeeded in providing our customers with the best possible experience. We were founded in 2014, after the financial crisis, to help serve the unique needs of real estate investors. Hi Robert,Thanks so much for sharing your feedback about our service. Compared to Kiavi, they are way better, day and night difference. Unfortunately, the email provided on this platform is not in our system to reference the particular transactions you are alluding to. So the short answer is if you already own at least one investment property we will work with you. Horrible customer service. Lending One mortgage will typically fundmortgages within 7 and 14 days of approval. Easy to work with. Find Reviews, Ratings, Directions, Business Hours, Contact Information and book online appointment. At a glance, this may appear to make the process seem inefficient and prolonged. Start to finish it was a smooth closing process. Each type of loan have different documents we might need. Quickly match with investor-friendly agents who can help you find, analyze, and close your next deal. We take your feedback very seriously and regret to hear that we did not meet your expectations. Does Refinancing Your Car Loan Hurt Your Credit Score? Hi Tasha,Thank you for posting this review! Thank you for giving us the chance to serve you. Please select the region that you would like to explore today. They probably have the worst rating of anyone on the internet. My issue was that someone (the underwriters? SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. Avoid These Costly Mistakes, Compare Specialty Homeowners Insurance Reviews, Expert Strategies to Invest in Real Estate, How To Start Investing with $1,000 or Less, Investment Strategies to Start Building Wealth, Finding the Right Investor for Your Startup, Strategies On Increasing Your Current Income, How To Manage Your Personal Finances Successfully, Retirement Savings: Making Up for Lost Time. The department contact email is postclosing@lendingone.com.-CM. Regarding your closing costs, the additional funds were collected as a prepaid reserve for the first 3 months loan payments. We are in the process of arranging additional financings, including a purchase warehouse. Consolidating vs. LendingOne looks forward to continuing to be a valuable partner for many deals to come!-CM. Great experience and very well organized. Hello Hokulani,We take your feedback very seriously and regret to hear that we did not meet your expectations. Terrible communication almost cost the deal. BBB Business Profiles may not be reproduced for sales or promotional purposes. Our client experience manager will be reaching out to you shortly to gain a better understanding of what information you are referring to. Share. Justin and Kelceys team helped me through out our refi process. LendingOne is headquartered in Boca Raton, FL. Received prompt call backs and attention from Loan Officer and Closing staff. Home Equity Loan vs. Line of Credit: Which Should You Choose? We took loans out for 3 properties. Mario H. has been an amazing person to work with and very helpful! Delayed funding, delayed inspections, multiple inspections so that inspectors can get funding multiple times. Hi Curtis,LendingOne prides itself on being a fast and transparent lending partner on every transaction we are fortunate enough to participate in. Hi Leonardo,Thank you for the 5-star review! However, if you choose a product and continue your application at a Pays for extra features. LendingOnes mission is to make the overall process of applying and receiving loans for real estateinvestors quicker and more reliable by focusing on real estate, technology and superior customer service. This editorial content is not provided by any financial institution. I pointed this out to my account manager at the time, and he had no good explanation for the last minute communication. Anyone buying properties at a discount that need repairs or rehab our a typical customer for us. We help part-time investors, large landlords, developers and real estate funds, all with the same passion for success. Compare Home Equity Lines of Credit Reviews. Would you recommend LendingOne Real Estate Investor Loans to your friends? I had rental properties but had not been aware of how a "Real Estate Professional" operates versus the casual investor using regular banks. 16 Photos 15 Diversity + Add an Interview LendingOne Interview Questions Updated Jan 19, 2023 Find Interviews To filter interviews, Sign In or Register. Great understanding of the loan process and investing. Very frustrating. What Are The Different Types of Life Insurance? Advantages of LendingOne Loans: First there are no hurdles, as we offer a very user-friendly and streamlined process. LendingOne is a Boca Raton, FL based private money lender. Our client's experience is of utmost priority and we push to improve every day. (including, for example, the order in which they appear). LendingOne is one of the countrys largest national direct private lenders. Definitely get five stars! Finally, we work to complete closings in weeks instead of months. We have different loans and divisions that specialize in particular loans and investor types. Check out all LendingOne jobs LendingOne Charlotte, NC Reviews We don't have any reviews for LendingOne Charlotte, NC Hi Robert,Were grateful for your feedback. How to Find a Money Transfer Service Near Me? Transaction was seamless. Lending One mortgage offers home loans with APRs starting at 5.89% and up to 13.9%. We look forward to continuing our relationship for many deals to come!-CM. We value your privacy. Mario and his team deserve a 10 star. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. 5-star review from Trustpilot Highly recommend. Can't wait to be done with this project. Birdeye helps millions of local businesses to be found online with all their reviews and accurate business information. Our growing SFR business is based in the Sun Belt, and LendingOne has been instrumental in our growth. We also ensure all reviews are published without moderation. I highly recommend this company. The Lending process is easy and pretty simple, I have a huge issue with the draw requests and inspection process. The PRAC identified 10 volunteers to perform a short-term detail to our Hotline. I would definitely recommend them to anybody looking to fund a loan. USA TODAY. Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? Hello, at LendingOne we strive to provide a fast and simple process for each an every customer. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. We use dedicated people and clever technology to safeguard our platform. After further review, the files were delayed due to multiple product changes per your request that occurred right before the closing dates. I know that :) I have great credit 740+ FICO, a few flips under my belt and this current project isn't complicated ($110k purchase price, $20k rehab for cosmetic fixes). Still waiting for that funding. LendingOne is a direct private lender for Real Estate professionals. All products, logos, and company names are trademarks or registered trademarks of their respective holders. Quick and easy highly recommend. Working with Justin was great. We really appreciate you being a customer and helping to share the word about us. Neil made the process straightforward, easy, and quick! We take your feedback very seriously and regret to hear that we did not meet your expectations. Horrible experience, this all could have been avoid if they there was honesty and communications upfront and throughout the process, Hello Christopher,Thank you for taking the time to give your candid review. This amount does not include building costs. Replies to negative reviews in > 1 month. Rest assured, all servicer onboardings are being monitored by our post closing team to ensure the transition is as smooth as possible.-CM. We look forward to the next time were able to work with you!-CM. Sorry, currently we only work with investors that have at least completed 1 investment in the past. Rates, terms and conditions offered only to qualified borrowers, may vary upon loan product, deal structure, property state or other applicable considerations, and are subject to change at any time without notice, shall only constitute a general, non-binding expression of interest on the part of LendingOne, LLC, do not create any legally binding commitment or obligation on the part of LendingOne, LLC, and are expressly subject to LendingOne, LLCs credit, legal and investment approval process. Makes correspondence easy an upgrade from my last loan experience with Lending One loan officer very helpful with answers to questions and loan process seem to go quickly. Si vous continuez voir ce affiliation, or sponsorship, of or by SuperMoney or them of us. 36 Reviews -- Jobs 43 Salaries 2 Interviews 5 Benefits 16 Photos + Add a Review LendingOne Jobs Hiring? Aydanos a proteger Glassdoor verificando que eres una persona real. Please help us protect Glassdoor by verifying that you're a