Turbocharge Your Website to the Latest Lender Trends
Upgrading a website may not be top of mind for the owners of most private lending companies, but it’s something you should do at least every three years. Web technology is constantly evolving, and competition [...]
Mediterranean Home Experiences Revival
Borrower rehabs a single-family home in Miami, Florida, in a neighborhood dedicated to maintaining affordable housing. As climate change and rising ocean levels affect the more flood-prone areas of Miami, higher-elevation neighborhoods like Liberty City [...]
An Insider’s Guide to Vegas
As a kid from extremely modest beginnings I never had opportunity to travel. By God’s Grace, and a lot of grit, after almost 15 years in the industry I have now had the opportunity to [...]
Foreclosure Pitfalls and How to Avoid Them
The best lenders continually adapt to whirlwind market conditions, and stay a step ahead of ever-changing legislation. An an ideal world, borrowers would never default, and lenders could avoid the time and expense of foreclosure. [...]
Automation 101 For Private Lenders
Automation is the need of the hour—and the gateway to the future. The global lending market is expected to reach a staggering $8,871.2 billion in 2025 and $11,604.7 billion in 2030, according to the “Lending [...]
Broker Price Opinions: A Viable Alternative to Appraisals
An industry-wide shortage of appraisers is prompting new approaches to asset valuation. The appraiser logjam is an aggravating industrywide problem lenders have been forced to accept as immutable reality. The previous standard of 30 days [...]
Why Cause Marketing?
More and more businesses, including private lenders, are waking up to the benefits of aligning their mission with a deserving cause. Cause marketing is a phrase you may have heard more often recently. That’s because [...]
Digging Into New Construction Financing
As you evaluate how you would like to craft new construction loans, consider these key factors to take you from land acquisition to completion. New residential development has become a natural part of the trajectory [...]
Wire Fraud in Real Estate Transactions
Stay alert to these red flags in the titling and settlement process to protect yourself and your clients from fraud. According to the latest FBI Internet Crime Compliant Center’s report, in 2021, losses from cybercrime [...]
Digital Advertising and Social Media: Blueprint, Budget, & Bandwidth
Online marketing can open new doors for generating leads if you invest in a disciplined strategy supported by adequate human resources and budget. As a marketer, you should always be trying not only to gain [...]
Tomorrow Isn’t Promised
When I was 14 years old, I learned what it meant to pivot off the basketball court. Due to a medical condition, I realized my next breath and continued journey was between God and me. [...]
The Noncompete Dilemma
As is the case in most ethical scenarios, intent, communication, and action are key. Employee turnover can be costly and disruptive. To mitigate their risk when employees leave and to protect intellectual property and trade [...]
For the 2nd Time, RCN Capital Appears on the Inc. 5000 List of the Fastest-Growing Private Companies
South Windsor, CT, August 16, 2022 – RCN Capital, the leading nationwide private lender for real estate investors, has been named on the 2022 Inc. 5000 list, the most prestigious ranking of the fastest-growing private [...]
More Foreclosures Ahead
That’s good news for first-time homebuyers. Foreclosures are gradually returning closer to pre‑pandemic levels in 2022. This is good news for many first-time homebuyers priced out of the fever dream that was the pandemic housing [...]
Anti-Money Laundering Laws and the Private Lending Industry
The AAPL supports efforts to combat money laundering and related crime and encourages private lenders to establish a sensible AML program. To understand how anti-money laundering laws apply to private lenders, it is important to [...]
Applied Business Software Inc., Announces Q2 Threefold Growth in Sales
LONG BEACH, Calif., August 2, 2022 - Applied Business Software Inc., (“ABS”), the leader in loan servicing and origination software in private lending, announced today closing of Q2 with a threefold sales growth in their Adjustable-Rate [...]
Florida Condo Deal Built Long-Term Strategic Partnerships
Here’s how a single transaction led to new opportunities. Opportunity The nine-story waterfront property in Bay Harbor Islands, Florida, consisted of 41 residences, ranging from 900 to 2,100 square feet. The borrower was an international [...]
Capital Partnerships: Are They for You?
If you are seeking capital to grow your private lending firm, keep these strategies in mind. As the private lending industry starts to face headwinds, including higher interest rates, more small- and midsized lenders are [...]
Member Spotlight | Michelle Esparza
Our August Member Spotlight shines on Michelle Esparza, senior vice president with Apex Closing Services, LLC. Throughout her 20's, Michelle had a passion for sailing and a wonderfully fun history of racing Hobie Catamarans. At [...]
Partnering with Other Lenders to Win More Deals
Sometimes the end of the road is just the beginning. Private lending is competitive. It’s just part of the business. For many, it’s a rush. It’s what makes it truly enjoyable. There’s nothing like knowing [...]
