Bernie and I have done 2 deals together and he is now my default lender for fix and flips or fix and holds. He is extremely knowledgeable about the industry and once you get to know him, he freely...
Cardinal Financial
(7)
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Cardinal Financial, based in Denver, Colorado, specializes in offering a variety of short-term real estate loans secured by properties in the state. They cater to a range of loan purposes including income property purchases, fix and flip projects, loans to different entities like LLCs and corporations, as well as estate settlement and auction bidding loans. With a commitment to providing efficient service, Cardinal Financial can approve loans within 24 hours of inquiry and close them in just 48 hours, without charging additional fees for loan processing.
One of the standout features of Cardinal Financial is their swift loan processing, where borrowers can receive loan commitments within a day and close transactions within two days. Additionally, their loan packages come with competitive interest rates and often do not include costs for appraisals, processing, or other fees, making borrowing from them a hassle-free experience. The company prides itself on its simple 3-document closing process, ensuring a streamlined and transparent lending experience for their clients.
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Reviews
I've had 3 great experiences doing fix and flips with Cardinal Financial. Dealing with Bernie is like dealing with a personal friend who understands my business. I can talk to him about future...
Extremely rude on the phone. If they handle initial calls like this I can't imagine going through the whole loan process. Hire a secretary if you're not good on the phone. Would avoid.
I called to ask about a business loan. The man who answered the phone was beyond rude! He answered the phone with a snappy "Cardinal!" And after I introduced myself told me. "We don't have money...
Of the three other fix-and-flip lenders I've done transactions with Bernie was the easiest to deal with, and because the transaction had no fees I saved money.
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