SAN JOSE, CA – April 24, 2024 – Private Lender Link, a leading platform for connecting people with private lending companies, today announced a partnership with Forecasa, the leader in providing analytics and data intelligence in the residential Private Real Estate Lending space to provide them with data about the Top 10 Lenders in the country.
The new partnership brings Private Lender Link one step further in striving to provide its users with valuable information about private lending. Forecasa will provide The Top 10 Lenders data to Private Lender Link every quarter.
We have been making a big effort to provide valuable private lending data to our site visitors within the past year, and I am thrilled to have a relationship with Forecasa to share even more useful data on our site,” says Rocky Butani, CEO and Founder of Private Lender Link. “Both of our companies strive to provide the public with valuable information about private lending, and knowing which lenders are funding the most loans in each state can be beneficial to many of our users. The Top 10 Lenders data is a great start, and we hope to get more data from them about each state every quarter.”
We are proud to be partnering with a company like Private Lender Link, a company that shares our commitment to delivering valuable information about private lending to its users,” says Kyle Welch, President and COO of Forecasa. “By having our data featured on the Private Lender Link platform, we can reach a broader audience and provide their users with valuable insights to support their decision-making when searching for lenders.”
The benefits and features of this new partnership include
- Forecasa uses its data intelligence to aggregate public title records data and determine which mortgages are funded by a private lender. It includes a variety of loan types, bridge, rehab fix & flip, ground-up construction and DSCR long-term rental.
- The data will published on privatelenderlink.com and will be available for a 12-month period starting April 2024 to March 2024 for 45 states.
- Forecasa includes DSCR long-term rental loans in the calculation to determine which lenders had the highest loan volume in each state. This may skew the results when only thinking about short-term loans which is the majority of private mortgage lending. While most of the lenders on the Top 10 list focus on short-term lending, a few on the list do more DSCR rental loans than short-term bridge loans.
How to Find the Top Lenders List
To find the list of top lenders, simply perform a search for lenders on PrivateLenderLink.com.
- From the Browse lenders page, select one of the first 3 loan categories:
- PRIVATE MONEY
- HARD MONEY
- RESIDENTIAL BRIDGE.
- Within the lender cards, scroll to the bottom of the list to find a text block with the Top 10 Lenders.
- The lenders who have a profile on the Private Lender Link platform will have a link to their detailed profiles.
Private Lender Link highly recommends its users who prefer to work with the highest volume lenders to use this Top 10 Lenders data when searching for a lender. However, lenders funding the highest number of loans in a particular state may not always be the right lender for their particular business or project. There are many benefits of doing business with smaller private lending companies that didn’t make the Top 10 List, so it’s best to look at all options.
Transaction Data for Private Lending
The Top 10 Lenders list is just one set of data that Forecasa has started to provide to Private Lender Link. Forecasa has many other valuable data sets about other lenders not in the top 10 list and private lending in general, which Private Lender Link hopes to also start publishing in the near future such as:
- Which companies are buying loans in each market and from which originators
- Borrower activity – find out if your customers are doing business with other lenders
- Validation of potential borrower’s experience – see their entire transaction history
About Private Lender Link
Founded in 2010, Private Lender Link, Inc. (PLL) is an online platform where real estate investors and brokers connect with direct private lending companies for investment property deals throughout the United States. PLL has made great efforts to develop relationships with hundreds of non-bank lenders and strives to be a vital resource for everything related to private mortgage lending. The information available on the PLL site is open to the public so anyone can compare information about each lending company and contact them directly. Site visitors can also create loan requests and request lender recommendations.
About Forecasa
Forecasa™ provides analytics and data intelligence about the alternative lending space focusing on the private real estate lending market. Their goal is to partner with businesses to provide them with valuable information that their customers can use to make more informed decisions using actionable market intelligence. They are the experts in taking disparate data sets and cleaning, normalizing, and association it to drive the next level of insight for their customers.
Contacts:
Rocky Butani
Private Lender Link
408-413-2008
LinkedIn Profile
Kyle Welch
Forecasa
215-402-7050
LinkedIn Profile