Communication between introducer and lender is one of the most important elements in getting a deal done efficiently and successfully. With this in mind, Gavin Diamond, Finance Director at market leading bridging lender,
Cheval, gives us a weekly dose of insider knowledge to ensure you are doing all you can when submitting a deal in his top ten tips to presenting a bridging case...
Tip 3:
Be realistic about the amount of funding that your client is likely to receive so that you are able to manage their expectations. It is important to understand that a lender will not base a lending decision solely on Loan-to-Value. The ability of the borrower to repay the loan is of paramount importance.
Leave a comment