Lima One Capital E Mcbee Ave, Greenville

Lima One Capital Reviews

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  Chris Nash
  5

  I have had the pleasure of working with Lima One Capital through one of my agencies so I might be a bit biased here ;-) but that also gives me a window into their process and reputation as a company that many outsiders might not get to see. Lima One Capital really focuses on providing industry leading investor financing that comes with open and accessible customer service, at least that's the experience that I had with the company. They go out of their way to explain the process and the fees, which is not the case with all hard money lenders. As an investor and entrepreneur myself, I scrutinize organizations like this and take the time to review companies when I have a positive experience.

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  Chris Nash
  5

  I have had the pleasure of working with Lima One Capital through one of my agencies so I might be a bit biased here ;-) but that also gives me a window into their process and reputation as a company that many outsiders might not get to see. Lima One Capital really focuses on providing industry leading investor financing that comes with open and accessible customer service, at least that's the experience that I had with the company. They go out of their way to explain the process and the fees, which is not the case with all hard money lenders. As an investor and entrepreneur myself, I scrutinize organizations like this and take the time to review companies when I have a positive experience.

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  Paul Amundsen
  5

  It has been a great experience working with Lima One Capital. Their knowledge and quick response time has made the process seamless and easy. Bill Mcdonald has done a fantastic job with the construction department. The team there including, Seth von Kuhn, Stephanie Dentino, and Isaac Beckner have all been awesome to work with, and always have answers for any questions that may come up. I highly recommend Lima One to all of my associates.

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  Elizabeth Cohen
  5

  Corey has been the most responsive and helpful construction management analyst we've been assigned. Anyone else we've worked with take ages to help and there are always lingering questions going unanswered. Thanks Corey!

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  Daniel Hummer
  5

  We have been working with Lima One Capital for a little over a year and have processed 5+ loans with them. Jakob and Kharisama are my core contacts there at Lima and have done an outstanding job processing and completing all of our Loans. Jakob is always available to crunch the numbers on our deals when they are in queue for refinance and seems to always find time to jump on a call and review anything and everything. Kharisama on the underwriting side is the best, she is always very detailed oriented and dose an outstanding job pressing our refinances through the process and going to bat with title company's and anyone involved in the transaction as needed! While Lima One is not our only lender we use, they are for sure critical lender for us as we are scaling our portfolio. Thank you Lima One Team and especially Jakob and Kharisama for all the hard work completed and in advance for the future deals we will close.

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  Jacques Mayo
  2

  Please avoid this firm. While their rates are good they are often very unorganized and communication is subpar. There are too many people involved in the process that do not talk to each other. In my case this led to them booking the wrong loan type initially and then having to reschedule an appraisal. Furthermore, 2 business days before closing they informed us that because of the change we would need to use their title company with no exception. Effectively requiring us to either use their flip loan or move the closing date back. This was an off market deal in which the seller would have backed out if we pushed closing. At the end of the process they had no interest in taking responsibility for any of the misteps in the process. Once we complete this project we will likely never use this lender again due to their poor organization and communication.

  Response from the owner

  Jacques -- thanks for providing feedback. It seems we missed the mark and that you had an atypical experience. I have connected with management. They will be reviewing your file's timeline, overall communication and deal progression. The team will reach out directly to you to further discuss.

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  Denise “BossLady56” Brown-Puryear
  4

  At first I was a bit hesitant to use Lima One based on older reviews. However, once I realized that these reviews were 3 to 4 years old and I also asked my sales consultant Connor Mann about those reviews, his honest answer is what convinced me to work with them. His response time to my questions were honest and sincere. The process went extremely well and was smooth as it was a cash out refi and purchase all-in-one. I was really impressed how easy it was to get this loan done and as an investor, that is extremely important; particularly the time factor. Will consider using them again in the future on a larger project. Try them I believe you will be satisfied.

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  Money With Meg
  5

  We've closed a number of loans with Lima One Capital over the years. Their team is always responsive and their processes are straight forward. Just had another closing and Robert Storey and Sydney Stancell were a breeze through closing. Our company will continue to close more loans with Lima One!

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  Stone Point Investment Group
  5

  The reps at Lima have been very professional, quick to respond to inquiries and patient in explaining their operational procedures and requirements. They were also very quick to address and resolve any issues that arose. They have been quick to act as well and got us to the point of funding within 3 weeks of being onboarded with our first deal with them. Taking them on as a partner will help us to scale our business even more quickly!

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  Jake Moore
  1

  Warning: the issue notice of deficiencies when you are not deficient. They don't correct them. I had 1 client this happened to years ago and it still is not corrected. Now they won't service my other clients because I have a high "default" rate. By that they mean they are paid every single month and their servicer even wrote a letter stating that the Notice of Deficiency was wrong, but their computer scream still says the account is deficient. Mind numbing. Response to Lima One's comment. First, I am a 20+ year veteran of the industry having worked with 100s of funding sources, including this one for many years. Never once have I submitted a bad review. Lima One's response simply is not true in this case. Not only do I have documentation from their servicer that their Notice of Deficiency was an error on the servicer's part (but they won't correct it) but routinely they have blamed their servicer for bad records showing past due balances that were not past due. When they say high delinquency rate what they mean is 1 client with two loans. I haven't done permanent loans with them for quite some time because they were not competitive in that arena. Please note what is implicit in their response -- you, the broker or referral source -- are their collection arm. Outrageous.

  Response from the owner

  We routinely monitor loan performance by channel. In very rare instances, we pause a broker/lender relationship when the loans tied to a particular broker exceed our tolerance for delinquency and default. Reporting around this is checked many times to ensure that all decisions are made using bona fide data. I was able to connect with our servicing team about the two loans you referenced. I reviewed the reporting to confirm that the loans are delinquent. As always, once a broker's delinquency rate drops, we are happy to review their profile for reinstatement into the broker program.