The Principles of Fundability with Merrill Chandler
Over 25 years ago, Merrill Chandler—A personal and business credit pioneer and co-founder of Lexington Law Firm—became dissatisfied with the ineffective results of credit repair. Leveraging his extensive knowledge of borrower behavior profiles, FICOⓇ scoring metrics, and lender underwriting requirements, he developed a process that could ‘optimize’ a consumer’s borrower behavior and improve a borrower’s “Fundability”. He founded GetFundable.com to deliver this revolutionary technology to real estate investors, business owners, and entrepreneurs nationwide. Merrill has helped thousands of borrowers become more Fundable and help them access the capital they need to fulfill their financial dreams.
[00:01 – 06:54] Opening Segment
- I talk briefly about great values that await you in this episode
- Guest Introduction and background
- Co-founding Lexington Law Firm
- Good and Bad Debt
[06:55 – 22:38] The Principles of Fundability
- Leveraging your line of credit for real estate investments
- Merrill goes over the concept of Fundability
- Evaluating borrower behavior
- Optimizing borrower’s behavior and improving their fundability
[22:39 – 28:52] Closing Segment
- Quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Merrill’s worst investment
- What is the most important lesson that you've learned in business and investing?
- Making sure you earn your way to investing, and practice making risky investments and know how to take your licks as well as your wins
- Connect with our guest. See the links below.
Tweetable Quotes:
“I would rather support a client to slowly grow their credit line. Because the very thing that lenders look at, is the very skillset to invest intelligently with a little bit. Allowing the lender to give you more money, but you also improve your skill set at investing.” - Merrill Chandler
As a customer service representative, you verify until you get the same answer three times.” - Merrill Chandler
Resources Mentioned:
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Connect with Merrill, visit https://www.getfundablebootcamp.com/