Perfect service Happy to work with you, we received excellent, fast and efficient service. Recommend to anyone who needs financing to purchase a property or renovate.

Some anxiety on my part! I like that I could reach the lending agent directly. I didn’t like that there was confusion around who appraiser should contact. You have a system where documents are to be loaded, but I was still asked for documents that were already uploaded! There was wasted time concerning the appraisal and being asked for documents you already had. Lastly, the closing took place at 2PM, this was known, yet again time was wasted when it took your company forever to approve the close. The process just seems frustrating and it appears left hand doesn’t know what right hand is doing… Update-April 30, 2024: I gave my review some thought, and decided that I was reviewing out of emotion. I want to apologize. After speaking with other investors and this being my first fix/flip loan, I realized that the process with New Silver was actually pretty good. There was some confusion with the appraiser scheduling but all in all everything was solved and the loan cleared in a very quick timeline… Thanks to James, who took the time to guide me through!

Terms changed during process Terms changed during process Initial Term sheet stated 10/2 75%cash out Changed to 10.5/2 65%. Even though my appraisal came in above what I presumed. Forced to give an account for auto draft at closing. All aspects to be discussed upfront Too many unpleasant surprises. Felt like I was working with a conventional lender

What an amazing team What an amazing team! From James in sales to Amra in underwriting — they all have speed and efficiency in mind. We started out thinking it would be 30 days to close and got it done in about 10 days. Amazing job from all. Fast, simple, efficient — these guys make the difficult part of the process easy.

Good hard money company but needs 100% financing terms or deferred interest payment terms. Good hard money company. New Silver Lending needs 100% financing that way they don't loose developers to other banks that will offer 100% financing to repeated clients. New Silver should learn to roll everything into the deal, so that the developer can do more deals. If the developer has to come out of pocket to close the deal, then, the developer's monthly interest payments should be deferred until the property is sold. This will help to make all developer stay with New Silver for all deals. Because of this, I am negotiating will other lenders who are willing to do this.