Commercial Purchase Mortgages
The State of the Commercial Mortgage Market:
$400 Billion of commercial mortgage loans are coming due for renewal in 2010. The best estimate is that 40% of these loans belong to small and medium sized businesses. The question is, who is going to refinace these loans under these present circumstances and ---who is going to supply new purchase mortgages:
CMS-Funding!
Purchase Mortgage Opportunities:
If you supply the above, we can have a loan offer from the best lender that meets your goals, needs and qualifaction within a week.
Fees:
We do not charge upfront fees.
At the time we present you with a written loan offer (Term Sheet) a $500 processing fee will be charged that will be deducted from our commssion earned upon closing.
Now you know the right people to get a Commercial loan.
Sincerely,
Arthur
860-946-6637
$400 Billion of commercial mortgage loans are coming due for renewal in 2010. The best estimate is that 40% of these loans belong to small and medium sized businesses. The question is, who is going to refinace these loans under these present circumstances and ---who is going to supply new purchase mortgages:
- The Big Name Banks are only lending to their Big Corporate Borrowers
- Most Regional Banks and Local Banks either don't want to lend, or can't lend, due to having to rebuild their reserve requirements.
- Smart lenders that didn't participate in bad loans
- Lenders that don't securitize loans
- Preferred Providers of Government Guaranted loans
- Nich lenders understand smaller business strengths
- Certain Hedge Funds needing to put their excess funds to work
- Private lenders filling a void
CMS-Funding!
Purchase Mortgage Opportunities:
- Typical Investor properties - $300K and up
- Owner Occuipied Properties -$250K and up
- Poor credit Purchases, Refinances & Cash Out to $400K
- Small Multifamilies $750K and up
- Large Multifamilies $2M and up
- Church refinances $200K and up
- Cross collateral down payment opportunities
- Tax free use of pension type funds for down payment
- Personal Financial Statement (Download under Forms)
- Credit Report (We can pull if give permission)
- Pictures of Property
- Copy of last Mortgage Statement
- Assessor Report on property
- Seller's Last 3 years Business Tax Returns
- Your last 3 year's Business & Personal Tax Returns
- A year to date P & L and Balance Sheet
- Short Bio showing business experience
- Choice of Fixed or variable rates and amortization desired
If you supply the above, we can have a loan offer from the best lender that meets your goals, needs and qualifaction within a week.
Fees:
We do not charge upfront fees.
At the time we present you with a written loan offer (Term Sheet) a $500 processing fee will be charged that will be deducted from our commssion earned upon closing.
Now you know the right people to get a Commercial loan.
Sincerely,
Arthur
860-946-6637
