Park Place Finance - Austin Mortgage Lender W 2nd St, Austin

Cristofer & Park Place Finance came through on a Refinance out of my Hard Money Loan. It was a pleasure and I will surely used them on my next Refinance Project . I enjoyed the process!!!

Chris at Park Place is awesome! He helped me through the process on a fix and flip loan and was great all the way through closing! He responds very quickly to any questions that I have. This has been a great experience so far over all and I will continue to use Chris and his team at Park Place for my fix and flips!

Martha was such a pleasure to work with. I had to switch lenders at the very last minute and only had days to close on the new investment property. Martha got my loan approved and we were scheduled to close in a matter of 7 days!! Park Place Finances process was quick simple and they weren’t charging a million dollars in fees like some of their competition. I will continue doing future deals with them without a doubt. Give Martha a call!!!

Chris Olivieri was an extreme pleasure to work with. We were being poorly by another lender when I reached out to Chris. From introduction to close - 21 days, we closed this loan. Needless to say, as a broker, my clients needs come first and Chris went above and beyond to make sure our transaction went smoothly. I will be leaning on Chris with many more transactions moving forward. Well done Chris!!

I worked with Chris Olivieri on a cash-out refi and a rental property purchase around the same timeframe. Park Place offered the most competitive rates/points vs other lenders I spoke with and Chris was a standout due to his excellent communication skills, promptness, and professionalism. I would definitely work with Chris again and anyone who is looking for financing should consider getting a quote from Park Place.

Buyer Client of mine was working with a Roberto Anaya from Park Place. Appraisal came back short on the day of closing, but after consulting with Mr. Anaya and the buyer, I renegotiated the sales price for the deal to move forward. An hour later the buyer calls me shocked that they did not have enough funds to cover cash to close, reserves required, and insurance. While it's never a lenders fault a buyer can't perform, I can't help wondering why proper expectations on total amount required to complete purchase weren't established early on. 12 days passed and we reached closing day before the client truly understood what the financing requirements would look like. I'm not sure how long the buyer had been working with Mr. Anaya, as he had the prequal letter before I met him. Ultimately, this first time investor lost about $2500, and as a professional in the industry I know this could've been avoided had there been better communication with the client from Park Place's lender.

Excellent I am L.O for more than 28 yrs in Arizona and wholesaler in Fliper and investors properties. the programs are excellent and the services. I am expanding my business more thanks to the partnership with Adams Brinker, my Representative, I think I am going to break my record of negotiations thanks to Park Place F, and his team.

AVOID LIKE THE PLAGUE!!! USE ANYBODY ELSE! LITERALLY ANYBODY ELSE! To whoever is reading this, I am a licensed real estate agent, an investor, and an attorney. I am very experienced in this area and I have NEVER, EVER, experienced anything like this. I had a closing at a property in Houston. Park Place Financial and Roberto Anaya had this file for roughly 40 days, so they had plenty of time to vet the property. I was initially told I should be getting 15% down with 100% of my rehab covered. The appraisal came back and I was told 16% down with me now funding the repairs, which was fine with me. I was then told, a day AFTER my original closing date, after the lender had assured me and the seller's agent that we were good to go, that I needed to put 20% down, claiming the appraisal was the issue. When I pressed them because no new appraisal had been done since yesterday, they claimed that looking at the loan as a whole they just wanted the 20% down rather than 15-16%. This was an extra $20K to me. I told them at that point I would've just used a traditional lender and avoided the origination costs to refinance again. They said to call some other lenders but reiterated they would still close if needed on Friday with the 20% down. I then received a term sheet, that I signed, with the 20% down. I checked in on Tuesday with Roberto who assured me they would be able to close with the 20% down on Friday. I told them to do that. Now, I am supposed to close tomorrow. Roughly 30 minutes ago, I got an email saying they are unable to lend on the property because of the appraisal (which they have had for weeks and hasn't changed since I have repeatedly, unequivocally been told we were good with that, which also appraised on as-is and ARV. Because they claim I don't have the cash to close when I have the cash to close and the reserve requirement stated on their signed term sheet in my checking and trading accounts, and because they simply don't believe the home is worth the amount paid. Again, they have had this file for 40 days. FORTY. I get passing on a loan as a lender. I very much do. But to sit there and repeatedly, unequivocally, tell me and the seller's agent that we were good to go, to send me term sheets stating you plan to honor those terms, and then to back out less than 24 hours before closing while refusing to honor those terms, is something I have NEVER seen before. I am very likely going to have to consider a lawsuit. This is an absolute nightmare.

I have done business with Park Place for the past couple years and the are reliable, fast and great people to work with. Chris Olivieri has been my loan officer for the past year and he is amazing. So far I have had the greatest experience, they have great rates and the best costumer service.

Park Place saved our deal. I couldn't thank Stephen enough for how helpful he was through the whole process. We were able to close in just under 10 days. Definitely will be sending more deals their way!

Chris O. Just knocked it out of the park with his service. No one could do my deal. No one. I've tried for years. He was able to help me structure my goals to make them achievable. He really helped improved my families life but helping us put money in action. We will be back for all of our deals.

Ryan Miller did an excellent job with my purchase. I worked with many different lenders in past being Realtor, he met the closing date as promised. Will use Again.

Chris Olivieri was on point. I’ve done many refinances in the past and these guys are great. Very professional straight forward and accessible. Made the entire process streamlined and simple. Will be back to do business again soon. Had to come back and add a word about Stephen King. First of all …great writer! The stand was was my favorite. But really this team does exactly what they promise…..And I have a very complicated order as a self employed individual with multiple properties. Thank you Both!