Connecting Lenders
At Loanbidz, we are in the business of connecting people.
You can see that from a cursory inspection of the website – you can see that the basic philosophy is to have lenders compete for borrower business. But there’s a particular way to do this kind of service well, as we have learned after years in this industry – and some common-sense best practices help to make this a top platform for borrowers and lenders alike.
Let’s talk about how that works in a practical way for our community of users – borrowers taking on the responsibility of a real estate property, and lenders wanting to be a part of the financing deal.
Here are some of the types of items that lenders look for when they’re using our platform. By making these details front and center, we are facilitating the types of relationships that will eventually result in successful real estate deals.
Type of Property
In pursuing financing agreements, lenders want to know what type of property they’re getting into. Is it residential or commercial or mixed-use? Is it a single-family home or semi-detached? All of this makes a difference, and so we put this data into every listing that we provide at Loanbidz for the convenient perusal of our users.
Beds and Baths
How many bedrooms, and how many bathrooms? Everyone from professional agents to the casual shopper understands how bedroom and bathroom calculations lead to overall property valuation. So we make it easy for lenders to see at a glance what type of property category we’re looking at in terms of the enumerated number of bedrooms and bathroom accommodations within a building. That’s another way to make the research process quicker and easier.
Location, Location, Location
In real estate, it’s all about location, location, location. Without wanting to sound repetitive, where the property is located makes a big difference. Having this information upfront and visual on the site is useful, too.
Auxiliary Data
What about the property condition? What about schools?
By adding more to our platform, we are helping our borrowers and lenders to achieve the kinds of synergy that they need to perfect when they’re putting deals together.
Again, it’s all about connection – getting those counterparties to the right desired relationship standpoint where they can make deals. That doesn’t just happen by accident. We make it happen with an interface that’s intuitive and comprehensive for real estate transactions that work. Let us help you to get further, faster on your own real estate journey.
