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Riverstone Lending Reviews 2023: Uncover the 411 on This Hard Money Lender

Are you in the market for a hard money loan? If so, you may have come across Riverstone Lending. This lender offers a variety of loan products tailored to the needs of real estate investors. But what's the real deal with Riverstone Lending? We've compiled this comprehensive review to help you make an informed decision.

What is Riverstone Lending?

Riverstone Lending is a private hard money lender that provides short-term loans to real estate investors. The company was founded in 2013 and is headquartered in Draper, Utah. Riverstone Lending offers a variety of loan products, including fix-and-flip loans, bridge loans, and rental property loans.

What types of loans does Riverstone Lending offer?

Riverstone Lending offers a variety of loan products tailored to the needs of real estate investors. These products include:

  • Fix-and-flip loans: These loans are designed for investors who are purchasing a property to renovate and sell.
  • Bridge loans: These loans are designed for investors who need to bridge the gap between the purchase and sale of a property.
  • Rental property loans: These loans are designed for investors who are purchasing a property to rent out.

What are the benefits of working with Riverstone Lending?

There are a number of benefits to working with Riverstone Lending, including:

riverstone lending reviews

  • Fast and flexible: Riverstone Lending can fund loans in as little as 5 days. The company is also flexible in its underwriting guidelines, which can make it easier for borrowers to qualify for a loan.
  • Experienced team: The Riverstone Lending team has over 50 years of combined experience in the real estate industry. This experience can be invaluable to borrowers who are looking for guidance and support.
  • Competitive rates: Riverstone Lending offers competitive rates on its loans. The company also offers a variety of discounts for borrowers who qualify.

What are the drawbacks of working with Riverstone Lending?

There are a few drawbacks to working with Riverstone Lending, including:

  • High fees: Riverstone Lending's fees are higher than those of some other hard money lenders.
  • Short loan terms: Riverstone Lending's loan terms are typically shorter than those of other hard money lenders. This can make it difficult for borrowers to repay their loans in full.
  • Limited loan amounts: Riverstone Lending's loan amounts are typically lower than those of other hard money lenders. This can make it difficult for borrowers to finance large-scale projects.

Is Riverstone Lending right for you?

If you're looking for a fast and flexible hard money lender with a team of experienced professionals, Riverstone Lending may be a good option for you. However, you may want to consider other lenders if you're looking for lower fees, longer loan terms, or higher loan amounts.

How to apply for a loan from Riverstone Lending

To apply for a loan from Riverstone Lending, you can either submit an online application or contact a loan officer directly. The online application is simple and easy to use. You will need to provide basic information about yourself, your business, and the property you are looking to finance.

Once you have submitted your application, a loan officer will review it and contact you to discuss your options. If you are approved for a loan, you will be required to provide additional documentation, such as a property appraisal and a financial statement.

Closing thoughts

Riverstone Lending is a reputable hard money lender that offers a variety of loan products tailored to the needs of real estate investors. The company has a team of experienced professionals and offers competitive rates. However, Riverstone Lending's fees are higher than those of some other hard money lenders, and its loan terms are typically shorter.

Riverstone Lending Reviews 2023: Uncover the 411 on This Hard Money Lender

Are you in the market for a hard money loan? If so, you may have come across Riverstone Lending. This lender offers a variety of loan products tailored to the needs of real estate investors. But what's the real deal with Riverstone Lending? We've compiled this comprehensive review to help you make an informed decision.

If you're looking for a fast and flexible hard money lender, Riverstone Lending may be a good option for you. However, you may want to consider other lenders if you're looking for lower fees, longer loan terms, or higher loan amounts.

Additional Resources

Disclosure: This article is not a recommendation to invest in Riverstone Lending. We encourage you to do your own research before making any investment decisions.

Time:2024-12-26 20:33:37 UTC

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