1, Report:
#1407576
Posted Date:
Oct 20 2017
SIC Funds Joshua Manchester and Joseph Manchester SIC funds it's a broker or essentially a middle men between private/hard money lenders and investors/business owners. Naturally, they will always be more expensive than if you were going to contact a lender directly because they'll charge you points upfront for finding you the loan. This is the nature of their business and that's totally fine. However, they had charged me 500 for the application and loan approval after discussing all terms. After I paid for the application/pre-approval, they had sent me to a lender I was already working with. I asked for a refund since I was already far ahead in the pre-approval process with the same lender they had referred me to. They essentially didn't do any work and stole my money. And remember, this company will just charge you about 3 more points on your loan for the commission so you're way better off getting a lender yourself. Elmhurst Illinois
Josh and Joseph were helping me get a loan for a renovation project in chicago. SIC funds operates as a mortgage broker so they are naturally more expensive than any private/hard money lenders. They just charge you 3 points upfront on your loan and refer you to a private money len...
Entity
SIC Funds
Categories: Loans