| Author |
Previous Topic | Next Topic |
|
equity100
69 Posts |
 Posted - 01/30/2008 : 2:31:58 PM
|
building is worth 515k (purchase price)
412k loan amt
80LTV
no income check
borrower will be occupying the subject with his business
"ralph's italian ices"
only problem is my fico 604 fico
anybody able to help me out with this one? |
|
|
|
knagi
374 Posts |
Posted - 01/30/2008 : 3:08:57 PM
|
love to help you with any commercial deal you have
minimum fico 600
minimum loan amount 100,000 max on stated $2000000 AND 6000000 ON STATED
CALL ME SO I CAN HELP YOU |
|
|
ComLender
1266 Posts |
Posted - 01/30/2008 : 3:09:53 PM
|
| Might be able to help if it was full-doc. |
|
|
Matt W.
2164 Posts |
Posted - 01/30/2008 : 3:11:47 PM
|
Need another buyer with over a 680 score to get to 80% ltv stated.
No other "partner" or family that can help for the purchase? |
|
|
swmsn
4209 Posts |
Posted - 01/30/2008 : 7:21:37 PM
|
That score pushes this in the Hard Money direction.
Hard Money wants to verify how the business can support the property or borrower support the property. ( as well as renters if there are any ) Hard Money at that high of an ltv makes this deal probably out of reach. |
|
|
INTEGRITY FINANC
646 Posts |
Posted - 01/30/2008 : 10:49:51 PM
|
I can help you with your Commercial Loan!
Email your 1008, 1003 and credit report to psadhu@ifgloans.com for pricing.
Integrity Financial Group is a Nationwide Commercial Lender, Integrity currently has a Residential / Commercial Hard money Program in California only.
Patrick Sadhu
Wholesale Account Executive
INTEGRITY FINANCIAL GROUP
Tel. 916-343-7559
Fax. 916-409-0753
Email: psadhu@ifgloans.com
|
|
|
Mark_GMC
583 Posts |
Posted - 01/31/2008 : 05:44:46 AM
|
GMC has recently expanded it commercial programs and now offers:
CONVENTIONAL, SMALL BALANCE, and HARD MONEY Commercial Programs.
We offer loans from $150k to $10M+ and can lend to all FICO scores and most property types, depending on which program your scenario fits into.
Please feel free to take a look at our latest commercial flyer at http://www.gmcmortgagecapital.com/docs/MS/GMC-Commercial-Flyer.jpg
If you have a scenario to present, we offer a QUICK solution at http://commercial-ms.gmcmortgagecapital.com This only takes about 60 seconds to complete and our commercial desk will get back with you quickly as to which program best fits your scenario's needs.
Please feel free to contact us directly at (954) 332-3567 x201 if you prefer. We're more than happy to give you an honest, straight forward conversation concerning your deal and our ability to get it done. We look forward to speaking with you soon! |
|
|
PinnaclePeters
1125 Posts |
Posted - 01/31/2008 : 08:46:53 AM
|
| Has Ralph been making ices for 2 years somewhere else? Renting somewhere? As "Ralph's"? |
|
|
danielk369
466 Posts |
Posted - 01/31/2008 : 08:54:34 AM
|
| I can help you with that, but I would be capped at 75% LTV... Let me know if that would work... |
|
|
ccbank
1652 Posts |
Posted - 01/31/2008 : 1:39:14 PM
|
| If in California call me. |
|
|
EMScommercial
5141 Posts |
Posted - 02/01/2008 : 6:06:19 PM
|
Need to be able to verify 'ability to pay'... if the borrower can do that....
Please let us know if we can help you with your commercial scenario(s) - I'm sure that if there is any financing options for your clients out there, we can find it in our vast internal database of commercial lending sources of which we are direct brokers for (currently stands at 275+ entries as of today (lenders, banks, private money, hedge funds, insurance companies, etc.)).
EMS is the end of that broker chain.... next step - the lending source....
** We issue a mutual NCND to protect both sides!! **
Thanks! |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
