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Why the Kind of Lender Matters

Why the Kind of Lender Matters

Does is actually matter what kind of lender you partner with in your real estate deals? In this video, Scott Choppin, Urban Pacific Founder and CEO says, "Yes!" Watch this to learn why.

Scott: What I mean by that is when you get a standard commercial bank, usually they're going to have the most competitive rates. Usually they will have, generally, a commoditized lending platform, where they're making lots of loans on volume to lots of different projects, and they compete with their brethren big banks, so they know they have to be cost efficient for the deal. That's your commercial lending.

 

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