Pretty excited about this, as it has been in the pipeline for quite a while. Our brokerage has partnered with Lendful, so I can now officially offer unsecured loans. Here are the details:
- $5,000 - $35,000
- Rates starting as low as 7.9%
- 6-month to 5-year terms
- Lending to clients with beacon scores as low as 600
- Funding within 24 hours
- Soft credit pull to qualify
Loans can be used for:
- Debt consolidation
- Home improvement and renovations
- Weddings
- Vacations
- Investments
- Education
- Down payments (inquire for details)
The process:
- Forward your name, email address, and cell number
- I will forward this information onto our rep at Lendful
- Lendful will contact as quick as possible to underwrite the loan and collect the required loan documents
I will be making sure to discuss whether this product is right for my clients before simply sending it in, and would be happy to have these discussions with you as well. This is just another tool to add to the box, but there can be superior options depending what your situation is.
I can personally think of dozens of scenarios over the years where this would have been a great fit. Examples:
- Client has debt but not enough equity in home to consolidate
- Client has debt but is facing too large of a penalty to break current mortgage for refinance
- Client has debt, but bruised credit to refinance with an A-lender
Feel free to fire away any questions/inquiries you may have in here or through PM/email.
Thanks!