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bramous

871 Posts

Posted - 03/10/2008 :  11:33:52 AM
Is there anyone that can refi a working B&B at 45% LTV. It is a rate/term, with 750 FICO..can go stated or full doc. Loan would be $350k. Looking for minimum fixed term of 10 years.
Mark_GMC

526 Posts

Posted - 03/10/2008 :  11:36:34 AM
William-

We have a definite interest in this deal and would love to know more about it. Fortunately our quick submission form below takes only 60 seconds to complete and doesn't require you to send any docs to get our prelim pricing and product availability. Please see below for the link and we look forward to working with you on this deal!
ComLender

1249 Posts

Posted - 03/10/2008 :  12:37:08 PM
If it works Full-doc, please e-mail me a detailed summary.
Matt W.

1801 Posts

Posted - 03/10/2008 :  12:51:45 PM
Have a 10 year fixed stated income but pricing is better if you can go full doc.
Please call or email to discuss further.
Thanks,
EMScommercial

4700 Posts

Posted - 03/10/2008 :  5:04:17 PM
Our network of over 300 commercial funding sources which we are direct brokers for (lenders, banks, private money, hedge funds, insurance companies, etc.) - NATIONWIDE ... and Beyond!!! - could be just what you need for such a deal..... (the number changes regularly - adding and removing to meet our clients' needs) to our database.....

We do all the legwork - finding the lenders interested and getting the documents to them.... receiving the letters of intent and organizing them in sensible order for your clients..... we should work together on your deals.... let's talk!

** We issue a mutual NCND to protect both sides!! **

Eclipse Mortgage Services is the proverbial 'head of the snake'... the end of that broker chain.... next step - the lending source....

We currently have 109 lending sources for this type of property **B&B** in our internal database! This will help us find just the right loan for your client!!

Please contact me asap so we can get this taken care of! Just a note... if you call and I am not available at that time to talk, any one of my highly trained account managers can help you as well.

Remember... We only get paid when the thing funds!

Thank you...
djmarvin

190 Posts

Posted - 03/10/2008 :  7:46:36 PM
Depending on the DSCR being 1.3% or higher we can secure a 7.26% rate on a 10 year fixed product.
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