Authenticate

Authenticate

Authenticated

Authentication

To establish as genuine. (Source: Dictionary.com)

At PEMI^® the main application for "authenticate" is in the field of private lending and namely, in dealing with self-described "private lenders".

Not every person who claims to be a "private lender" actually is a "private lender".

Mortgage Applicants or Licensed Mortgage Brokers may lose money, real estate or be subject to lawsuits, regulatory sanctions or worse, if they don't work with an authenticated private lender.

Is a private lender "authentic"?

• Does the Private Lender have the capacity to help the applicant?
• Does the Private Lender maintain the applicant's personal financial information in secure environment?
• Does the Private Lender simply collect applicant information and then pass it on to another party to see if they might be interested in lending money?
• Are there indicators that the private lender may be involved with fraudulent or non-desirable activities?
• Are their indications that the private lender is a predatory lender?

It is important to have 3rd-party authentication of individuals or private companies who self-represent as "private lenders".

Learn more about PEMI^®'s leadership in private lender authentication.