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jnegash
264 Posts |
 Posted - 04/07/2008 : 5:12:59 PM
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looking for commercial lenders to work with. I have several more commercial loan scenarios to discuss with you. My pipline has anywhere from Gas Stations to Apartment complex commercial loans scenarios. Contact me to discuss, thank you.
Jon |
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danielk369
427 Posts |
Posted - 04/07/2008 : 5:27:57 PM
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Hey Jon,
I can definitely help you out with your commercial deals. We have pretty aggresive stated programs as well as full doc. We will also work with you and help you get these deals get funded. Please call or e-mail me to go over your scenarios in details and I can let you know the pricing, thanks,
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gcaron05
247 Posts |
Posted - 04/07/2008 : 6:34:58 PM
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quote:
Originally posted by jnegash
looking for commercial lenders to work with. I have several more commercial loan scenarios to discuss with you. My pipline has anywhere from Gas Stations to Apartment complex commercial loans scenarios. Contact me to discuss, thank you.
Jon
We can do these, contact me. You didn't leave a phone. |
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andersonloans
96 Posts |
Posted - 04/07/2008 : 7:43:58 PM
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| Hello Jon... Give me a call to discuss our loan programs. Thx |
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dkendall1979
10993 Posts |
Posted - 04/07/2008 : 7:48:10 PM
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So basically your saying you have a bunch of co-brokered junk that nobody else could find a home for and now you're looking to make the bank for being able to put a post up on Broker Outpost?
NYSE
DJIA
There's two wonderful resources for commercial lending institutions.
quote:
Originally posted by jnegash
looking for commercial lenders to work with. I have several more commercial loan scenarios to discuss with you. My pipline has anywhere from Gas Stations to Apartment complex commercial loans scenarios. Contact me to discuss, thank you.
Jon
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jnegash
264 Posts |
Posted - 04/08/2008 : 09:56:02 AM
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dkendall1979
What are you talking about??? My loans are not co-brokered or have been sumbtted to anyone yet. I am here looking for lenders to partner up with in developing business relationships. You're out of line with your assumptions. |
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joe313
654 Posts |
Posted - 04/08/2008 : 10:17:55 AM
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Jonathan,
I'm a commercial hard money lender...all property types except mines, quarries, oil refineries, and churches. Loans from $1m up.
Call or e-mail me and we can discuss my lending criteria and some loans.
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Leron
85 Posts |
Posted - 04/08/2008 : 11:03:49 AM
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Jon,
Although we arent a lender, we are direct with some 'out of the box' sources that you wouldnt otherwise be able to access. One of the hottest and newest programs that we can offer is for Acquisition & Development or straight construction. The rates are truly unbeatable, and the terms are relative as well. The program follows as such:
This program is available for global projects
Loan Size: $10M minimum with no Maximum
Project Type: Acquisition, Development and Construction
Requirements:
Client must put up a minimum of 11% for project reserve deposit. These funds will be placed in an escrow account with First American
Equity:
Projected completed loan to value may not exceed 70%. In the event projected value falls below this minimum, borrower will be asked to put up a larger reserve deposit to offset the amount of deficiency.
General terms are as follows:
LIBOR + 0-2% (90 day rate)
LTV up to 70%
% for build out
1% commitment fee
1% -4 % equity exit (risk assessment and ROI will determine if this applies)
11% proof of funds
2-5 years interest only
6 points for lender
No PG
No early repayment penalty
DD & lenders costs (generally 30K-60K) |
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robert@24capital
16 Posts |
Posted - 04/08/2008 : 1:13:02 PM
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hello jon,
i represent a direct lender
we specialize in commercial bridge loans where a quick closing is needed.
loans from 3-100 million
terms up to 3 years
loans are interest only with no prepayment penalties
we source our own loans so no need to shop your package around
no loi's issued we will issue a draft commitment instead,and cand close in 2-3 weeks.
i would be very interested in hearing about your income producing projects,they will receive our best terms.we will look at any type of commercial real estate situation..
thanks,
robert fazio
24 capital (201)881-7220
robert@24capital.com |
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kenvphan
452 Posts |
Posted - 04/08/2008 : 2:12:40 PM
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| Give me a call if you would like want to work with a bank institution. |
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EMScommercial
5141 Posts |
Posted - 04/08/2008 : 4:43:07 PM
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There are many commercial lenders..... each with their own niches and ways of doing things.... there is no standard governmental way of doing things in the 'commercial world' as there is with residential.....
This is why alot of brokers who are unfamiliar with commercial lending either shy away from taking on a client or they take on the client and don't handle the situation correctly.... Our commercial division has grown exponentially by providing excellent service and avenues of financing that take years of experience to obtain....
We handle all the leg work with the lender... putting the files together and getting them off to various lenders.... ordering appraisals.... etc..... don't worry that you don't know what you are doing with commercial - much different world than residential!.... let us work on your deals...
Co-brokering with my company - who likes the challenges of brokering commercial loans - is a good way to keep the client happy and your bottom line happy...
Eclipse Mortgage Services is the proverbial 'head of the snake'... the end of that broker chain.... next step - the lending source....
** We issue a mutual NCND to protect both sides!! **
Not to say others can't help you.... but I will say that not many have the network of lending sources that we do....
Our network of over 325 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 your commercial deal(s).....
Alot of our lending sources will not talk to the typical broker off of the street.... our relationships are hard earned....
We can handle your scenario (or any of your coworkers/friends/business associates/relatives/etc...)..... We have under our belt everything from apartment buildings to restaurants to rv parks to auto garages to acquisition and development of residential, retail and office products to casino financing to nascar team financing to from casino boat financing to medical offices.... etc. etc. etc.
The staff of highly trained and motivated of account managers will be your direct contact through out the process….. they will build the file and get it ready for the selected lending source’s underwriter to quickly process through their system….. this saves a lot of time and helps to ensure success….
We let no moss grow under our loans!
Please contact me (us) 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.....
Hyperlink to our page for submissions - very straight forward and simple - http://www.eclipsemortgageservices.com/body_contactme.php - we will instantaneously receive word of you submission and one of our account managers will be assigned and within one business day, you will be contacted and we can start the process!
Check out our BASIC RATE/TERM sheet to get an idea if your scenario is 'in the ball park' and then contact us to start the ball rolling to get specific numbers for your loan! http://www.EclipseMortgageServices.com/aaaaaEMS_ratesheet.pdf |
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Mursal97
85 Posts |
Posted - 04/08/2008 : 5:51:09 PM
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Hello,
I represent New World Commercial Lender a direct nationwide wholesale lender. We have a range of different products to offer and are best known for our fast turn around times. Please email me with your contact info so I can email you our program highlights and submission form. I look forward to hearing from you and working with you in the near future. |
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Mark_GMC
579 Posts |
Posted - 04/08/2008 : 6:56:49 PM
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Jon-
Our program runs the gamut from Hard Money to Conventional with rates in the mid 5's. See below for further info and how to QUICKLY submit your deals for pricing and program availability! |
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ComLender
1266 Posts |
Posted - 04/09/2008 : 12:12:19 PM
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| Feel free to call or e-mail me for guidelines. |
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ECL
102 Posts |
Posted - 04/09/2008 : 1:04:18 PM
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| I will send you a message right now. |
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ccbank
1348 Posts |
Posted - 04/09/2008 : 1:26:46 PM
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quote:
Originally posted by Mursal97
Hello,
I represent New World Commercial Lender a direct nationwide wholesale lender. We have a range of different products to offer and are best known for our fast turn around times. Please email me with your contact info so I can email you our program highlights and submission form. I look forward to hearing from you and working with you in the near future.
New World Commercial is a broker! |
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fredrick
15 Posts |
Posted - 04/24/2008 : 08:33:07 AM
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Attn:
Hello,
I own a cerified lending firm here in UK, and we give out various kinds of loans to individual/organizations in various countries.
If yu would want us to be of usefull financial benefit to you please return to us with necessary details via the unit below
Contact:fffloans@msn.com
hope to hear from you soon
Regards
Fredrick Jones
Dir.
FFF Loans Int.
Fredrick Fiancial Agencies
UK
www.fredrickfinance.i8.com(under routine update!) |
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Leron
85 Posts |
Posted - 04/24/2008 : 09:01:48 AM
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Fredrick,
If you are a certified lending firm, why are you using a msn email account? Also you website clearly doesnt reflect and direct lending of any sort. Can you provide addititional due diligence with regard to you and your companies services?
Thanks,
Leron |
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apaone
158 Posts |
Posted - 04/24/2008 : 1:36:08 PM
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***ALL COMMERCIAL AND PRIVATE MONEY LOANS***
Anthony Paone Prime Meridian Management 631-834-5050.
I have multiple broker and lender connections in NY who have access to many funds both domestic and international as well as my own fund. Please give me a call at your leisure as I look forward to doing business with you. HAVE OUTLET FOR RESIDENTIAL AND SPECIALIZE IN FHA IN OVER 9 STATES…Thank You.
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bkelly42
18 Posts |
Posted - 04/24/2008 : 2:26:22 PM
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I represent LNB Commercial Capital - www.lnbcapital.com - and can provide you a Commercial lending process similar to the Residential lending. Small Balance Commercial loan Process:
1.As the Wholesale Account Manager I help my brokers to determine if their scenario's fit our programs.
2. Broker's submit loan pre approval docs- (Loan Submission Form, 1003, credit, rent roll, Income and expense statements for property, Purchase and Sale Agreement, digital photos)- pre approval with rate and terms delivered in 72 hours. SIMPLE PROCESS if followed properly!
3. Broker and borrower agree with terms and borrower pays for Appraisal, broker works to get Pre Approval conditions/stips
4. Loan closes in 6 weeks
Hard Money deals- 2 types- Incoming producing with LTV's 75% or below and Non income producing projects
1st step in this process- fill out Private Equity submission form- LOI delivered in 3-5 days with details of information the broker is required to submit, details of rates and terms etc.
These loans can close in a very short period of time if the process is followed properly!
Programs:
Our mission is to provide a simple and effective way to capitalize on the Small to medium Balance Commercial Real Estate Market.
LNB Commercial Capital takes all the headache and guesswork out of the commercial loan process for both Commercial Conventional & Hard Money loans.
Standard Documentation program:
Underwritten based on cash flow from property and/or the strength of the borrower.
Up to 80% LTV, Loan amounts up to $1,500,000
Minimum FICO score: 660
Up to 75% LTV or $750,000 with 580 FICO
Property types: multi family (5+), mixed use, retail, office, warehouse, light industrial, bed & breakfast, self storage, mobile home park, gas stations and more. (Call for others)
Amortization periods: 15, 20 and 30 year
Fixed and Adjustable rates
Stated Income / Stated Assets (SISA) programs
Pure stated programs driven off FICO scores and appraisal
No verification of income or assets other than proof of funds to close on a purchase
Up to 80% LTV,
Loan amounts up to $1,000,000
Minimum FICO score: 650
Property types: multi family (5+), mixed use, retail, office, warehouse, automotive, light industrial, bed & breakfast, self storage, bar/restaurant, day care, mobile home park, gas stations and more. Call for others.
Amortization periods: 15, 20, 25 and 30 year
Fixed and Adjustable rates
Business Owner Plus Programs:
Full Doc and Stated Income programs Up to 90% LTV for owner-occupied properties, 90% CLTV's
Loan amounts up to $5,000,000 ($3,000,000 Stated)
Minimum FICO score: 660 (680 Stated)
Property types: mixed use, retail, office, warehouse, automotive, light industrial, day care, dry cleaners, vocational schools,
Convenience store and many more.
Call for others.
Amortization periods: 30 year
Fixed and Adjustable rates
2 Years of business operation required
Platinum Loan Programs:
Rates that rival local banks on a national level
Full Doc and Stated Income programs
Loan amounts up to $1,000,000 to $10,000,000
Underwritten based on DSCR of property (except in owner user scenarios)
Minimum FICO score: 680
Property types: multifamily (5+), mixed-use, retail, office, warehouse, industrial, Franchise Gas Stations.
Call for other property types.
All loans based on 30 year amortization period
Hard Money / Private Equity programs based on property values and strength of exit strategy.
LTV's up to 75%
Commercial Loan amounts $1,000,000 to $50,000,000+
Maximum loan $200,000,000 on a case by case.
Call me or email to discuss your Commercial Scenario's
Brian Kelly
LNB Commercial Capital
cell: 508-934-6440
fax: 206-339-4953
BrianK@LNBcapital.com
www.LNBcapital.com
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mmnfinancial
311 Posts |
Posted - 04/24/2008 : 6:58:43 PM
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| What they said! |
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