• Nadlan Capital Group – USA Real Estate Financing for Foreign Nationals and Residents

  Case Study: Loan 1367 – Elad & Guy | Refinance with Cash Out | Indiana | Lender

  Posted by Nadlan Group on May 8 at 01:27

  🏠 Case Study: Loan 1367 – Elad & Guy | Refinance with Cash Out | Indiana | Lender #2494

  When borrowers Elad and Guy approached Nadlan Capital Group with a portfolio refinance of four properties in Indiana, they were clear about one goal: closing within three weeks by the end of May. They had already completed appraisals with a previous lender and wanted to reassign them to speed up the new loan process.

  But as this case study shows, moving fast in DSCR lending doesn’t always mean shortcuts. Here’s what we learned:

  🔄 Why Reusing Appraisals Can Slow Down Instead of Speeding Up

  Elad and Guy hoped that transferring existing appraisals would give them a head start. But several issues emerged:

  • Appraisals must be reassigned to the new lender – this often takes several days.

  • The new lender still needs to review the appraisals internally, which restarts part of the underwriting process.

  • If flood zone data or title policy info is outdated or missing, that alone can delay underwriting.

  As a result, despite having full appraisals in hand by May 1, the lender informed us by May 5 that closing in two weeks would not be possible.

  📆 Standard DSCR Closing Timeline Explained

  Even with responsive borrowers, most DSCR refinances take 45 to 60 days to close due to:

  • Title company document coordination

  • Insurance verification and DP1/DP3 policy revisions

  • Entity paperwork (e.g. EIN delays for new LLCs)

  • Underwriting, appraisal review, and final terms issuance

  💡 Quote from the call:

  “We are not hard money lenders, and cannot bypass these steps. It’s better to under-promise and over-deliver than make promises that cannot be met.”

  🛠️ Transparency, Timeline, and Borrower Expectations

  In a joint call with the lender and our team:

  • Guy expressed frustration about delays and lack of updates.

  • Elad requested more proactive lender engagement.

  • Nadlan Capital emphasized the need for realistic expectations, and encouraged the borrower to consider extending the related transaction into June.

  The lender confirmed:

  • They can accept the transferred appraisals if reassigned properly.

  • Closing in 3 weeks isn’t feasible, but may still close faster than a new appraisal path.

  🔄 Final Advice and Options

  ✅ Option 1: Stick with Lender #2494 and aim for a mid-to-late June closing. This lender offers the strongest terms and experience.

  ✅ Option 2: Review 2 other lenders who made offers, but expect longer closing times and possible repricing.

  ✅ Option 3: Consider bridge or hard money if funds are urgently needed to close another deal.

  📌 Key Takeaways:

  • Transferring appraisals is not an instant shortcut.

  • Expect minimum 30–40 day timelines for DSCR loans.

  • Transparency builds trust — under-promise, over-deliver.

  Guy and Elad’s file is a great example of how even highly motivated borrowers must work within lender processes to achieve reliable funding.

  🏷️ Tags:

  DSCR Loan, Appraisal Transfer, Refinance Strategy, Loan Timeline, Title Coordination, Property Insurance, Nadlan Capital Group

  📲 Hashtags:

  #DSCRLoan #RefinanceCaseStudy #AppraisalTransfer #NadlanCapital #LoanTimeline #PropertyRefinance #ClosingDelays #RealEstateFunding #IndianaProperties

  

  

  Nadlan Group replied 1 week, 5 days ago 1 Member · 0 Replies

  • Appraisal Transfer
  • DSCR Loan
  • Loan Timeline
  • Nadlan Capital Group
  • Property Insurance
  • Refinance Strategy
  • Title Coordination
• 0 Replies

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