{"id":703,"date":"2013-04-18T11:13:09","date_gmt":"2013-04-18T18:13:09","guid":{"rendered":"http:\/\/privatemoneysource.com\/broker-blog\/?p=703"},"modified":"2013-04-18T11:13:09","modified_gmt":"2013-04-18T18:13:09","slug":"loan-sits-on-desk-how-the-heck-do-i-place-it","status":"publish","type":"post","link":"https:\/\/privatemoneysource.com\/broker-blog\/?p=703","title":{"rendered":"Loan sits on desk: how the heck do I place it?"},"content":{"rendered":"<p><em>Clay Sparkman<\/em><br \/>\nIf you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based tool known as <a href=\"http:\/\/Lendicom.com\">Lendicom.com<\/a> may be of interest to you.\u00a0 The site is geared toward commercial lending (including construction, project, and development loans), and allows borrowers and brokers to sign up and submit specific loan proposals to lenders who have also signed up online.<br \/>\nBrokers and borrowers are able to enter specific commercial loan proposals for matching with the pre-qualified database of lenders.\u00a0 Upon submission, <a href=\"http:\/\/Lendicom.com\">Lendicom<\/a> presents a list of matches and close matches, with some basic information regarding the lenders, and the brokers\/borrowers may select up to four lenders for automatic submission of their proposals.<br \/>\nProduct highlights include:\u00a0 individual home pages for each user with complete pipeline information pertaining to all loans processed through <a href=\"http:\/\/Lendicom.com\">Lendicom<\/a>, the ability to manage all outstanding loan programs\/proposals from a single location, and the ability to setup whole offices on the system and coordinate the various users.<br \/>\nThere are no subscription costs and the service is completely free for borrowers and brokers.\u00a0 All fees are paid by our 233 active lenders (and that is how the site is monetized).<br \/>\nThe tool is designed for a wide cross-section of lenders.\u00a0 Commercial banks, life insurance companies, CMBS conduit lenders, sub-prime lenders, private lenders, and various funds are all accessible with a single submission.<br \/>\nIn the interest of full disclosure, I am an officer and a part owner of the company that offers this site.\u00a0 So consider me biased.<br \/>\nStill, I recommend that you check it out at the link below and see what you think.<br \/>\n<a href=\"http:\/\/www.lendicom.com\/\">www.lendicom.com<\/a><br \/>\nAnd if you don\u2019t like that, just run your loan past me. You might be surprised at what we can do at Fairfield Financial.<br \/>\n&#8212; Clay (clay@privatemoneysource.com, 503-476-2909)<br \/>\n<em>Clay is Vice President of Fairfield Financial, a primary source for private money since 1964.\u00a0 Fairfield is currently targeting loans in OR, WA, AK, CA, CO, ID, FL, GA, ID, MT, NV, NY, OK and TX.\u00a0 To submit a loan to Fairfield for consideration: <\/em><a href=\"http:\/\/www.privatemoneysource.com\/loanproposal.php\">http:\/\/www.privatemoneysource.com\/loanproposal.php<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clay Sparkman If you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based tool known as Lendicom.com may be of interest to you.\u00a0 The site is geared toward commercial lending (including construction, project, and development loans), and allows borrowers and brokers to sign [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[4,5,13,21,22,24,26,28],"tags":[32,36,37,38,39,42,43,46,54,55,58,59,61,62,63,64,65,66],"_links":{"self":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/703"}],"collection":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=703"}],"version-history":[{"count":0,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/703\/revisions"}],"wp:attachment":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}