Four loans in default in 2025
Four loans in default in 2025. Started investing in 2022. They claim they underwrite these loans at 60 to 65% loan to value. When a default happens it sounds more like they were underwriting them at 80 to 95% with the payoff on liquidation being very dismal and not happening as of yet on any of these defaults still in limbo with $100,000 hanging in the wind.

Reply from Ignite Funding







