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Frequently Asked Questions
Here are answers to commonly asked questions by our members and lenders. Please check if your question is here before contacting us to ask.
Answers to general questions about our service
Answers to questions about member accounts
Answers to questions about our Verification process and VL Rating System
Answers to general lender questions
What is verifiedLenders.com?
The only directory with Verified Lenders ™, ratings, reviews, lending activity & trends. Includes hundreds of the most reputable and active private, hard money, and commercial lenders.
Why does the list contain lenders who are not in business?
We have notice that over the past year some lenders who closed their doors have resurfaced. Since we clarify those who have made loans in the past from those who have not by our lender verification™ model we leave them there just in case they do return. Although it’s important to note that ANY lender on our list not making loans would have a zero score.
Where do you get the lender data?
We compile data from many proprietary sources which is then compared to the information the lenders supply to us.
How do I get a hold of someone to ask more questions or get more information on your service?
We offer many easy ways to reach us including Live Chat Support, Email Support, Contact Forms and Phone Support to all of our members.
What if I don't see my lender in your database?
Members can simply use the "Suggest a Lender" form located on the bottom left side of the lender directory and we will process your request right away to be added to the database for your review.
How do you verify and rate lenders?
We compile a combination of various lender data regarding past and current funding which we then analyze, cross reference, and track for further review..
What are the main points used to verify lenders performance and information?
We start with verifying if a company is really a direct lender or not, if they have actively funded loans in the last 1 to 3 months, and if their loan volume increased or decreased historically over the last 12 months compared to recent activity. We then go into extensive details about each lenders data, cross referencing the information with outside verifiable sources to insure accuracy.
How accurate is your verified lender information/data?
It's very accurate because we use only 3rd party verified lender data which is cross referenced and continually updated each month to assure quality.
What types of lenders do you verify?
We verify virtually all funder types relating to commercial and private finance from Direct, Correspondent, Conduit, Investment Banking Intermediary, Private Individuals and more.
What are the benefits to updating/creating my profile?
- Increased rating just for claiming your Free profile
- Greater reputation, trust, confidence in the marketplace
- Verified badge for your website, emails & all marketing
- Positive exposure to our network of 65,000 borrowers / brokers (growing rapidly)
- Enhanced profile & banner advertisement
- More engagements & closed transactions increasing your ROI
- Added value to your other advertising dollars spent
- Recognized as a positive leader for being a "Verified & Transparent Lender" (many are joining! don\'t be left behind)
- Separate yourself and standout from the competition
How do we get started?
Start by clicking "register" at the top right side of the page then choose "lender" and fill out the short form to create your Free profile. If we already have a profile for you our system will let you know. Once you are registered you will be able to update your company profile with your loan critiera / parameters, add your logo etc.
Is there a fee for your service?
It is completely Free to claim and update your profile or create a new profile. For a limited time we are also giving our additional Free advertising and our Verified badge to those who supply us with enough information to Verify and Rate your company.
