Why You want a Letter of Intent (LOI) vs A Quote

Any Commercial Broker can "Quote" an interest rate you want to hear! 

Only an informed lender underwriter can commit to an accurate interest rate that will be accurate and good at the closing table.

A lender first determines if he wants the loan and the interest rate is the last thing he determines, --- because the rate offered reflects the lender's perceived risk relative to how motivated the lender is to do the loan.

Commercial loans are just too complicated, and too unique, to the business person/entity seeking a loan, to be able to accurately determine an interest rate up front.

To get to the closing table, which is the ultimate goal, a lender has to understand you, your credit history, your property's cash flow and your business circumstances to decide if he wants your loan and then at what terms and conditions.

The strength of your deal, and how it is proposed to the lender, is the secret to matching the lender's need to get his money on the street and the interest rate and terms the lender will offer to attract your business.

By being open, honest and cooperative with us, we can quite quickly package and present your unique loan request to only the lenders actively seeking your type of loan. 

This approach not only exponentially expands your chances of obtaining the best terms and conditions available, but produces a free lender's "Letter of Intent" (LOI), and sometimes called a "Term Sheet".

A LOI will give you all the salient information needed by you to determine if the loan offer meets your needs and goals. And, with your cooperation by providing minimal documentation, we can normally achieve a LOI within 24 to 48 hours.

Having a free LOI in hand puts you in the drivers seat!  You will know:

•  Your deal can actually be done at what amount, interest rate and monthly payment
•  You will have in writing, accurate and detailed terms and conditions
•  You will know the costs, underwriting conditions and time frames to the closing table

A LOI puts you in a position of power by allowing YOU to make an inteligent decision as to whether the lender's offer meets your approval for your ROI and affordibilty expectations.

We feel our proven efficent approach is a far more effective use of your valuable time and we have the testimonials from happy clients to back us up.

Pro commercial borrowers will agree with our approach from their past lending experiences.  However, first time commercial borrowers can rest assured we will educate and guide you to your funding goal(s) without a time wasting learning curve.