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Post by davids on Feb 8, 2018 10:51:20 GMT
Is there an amount the loan much reach before a certain date before they think it won't get filled?/ Or gets pulled?
Looking at the loans which are on there which have around 80 days left and currently it doesn't look like they're going to fill, I could be wrong. What will happen to these loans? Will they be withdrawn? And will people who are invested in them receive the interest?
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Feb 8, 2018 11:17:23 GMT
Is there an amount the loan much reach before a certain date before they think it won't get filled?/ Or gets pulled? Looking at the loans which are on there which have around 80 days left and currently it doesn't look like they're going to fill, I could be wrong. What will happen to these loans? Will they be withdrawn? And will people who are invested in them receive the interest? Depends on the loan type. If you are talking the 3 that were recently pulled it was probably speed of availability that was driving the decision. For the later tranches of a dfl loan then the funding must be found in order to protect all prior loans interests which may be in jeopardy if the property does not have funds to complete or the suppliers won't accept elongating debts.
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