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caligogetter

29 Posts

Posted - 05/03/2008 :  7:33:15 PM
Good day!

I got purchase in Cali and need a commercial lender.

Purchase
Non-Owner
5+ units (My broker and the client are zeroing in on a few prospective properties)
Fico 690
CLTV 90%
Purchase Price 600,000+
California
Full Doc
(Can fill you in on the details on each particular property when you e-mail me)

jloans2003

199 Posts

Posted - 05/03/2008 :  11:18:20 PM
comm to 90 ltv....no way possible
directcap7

48 Posts

Posted - 05/04/2008 :  12:50:22 AM
I might be able to help. Need more down.
Bruce@Met-West.c

256 Posts

Posted - 05/05/2008 :  07:15:00 AM
can do 90%ltv Occ, Non-Occ to 80%LTV
choice of arms, or fully fixed, amort rom 15 to 30 yrs.
EMScommercial

5067 Posts

Posted - 05/05/2008 :  09:29:29 AM
what is the commercial property type?

90% about 8 months ago would have been much easier than today....

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 325+ entries as of today (lenders, banks, private money, hedge funds, pension funds, insurance companies, etc.)).

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!! **

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

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

Thank you...
kenvphan

452 Posts

Posted - 05/05/2008 :  09:47:34 AM
80% max ltv investor, 85% max ltv owner user, 90% cltv owner user with SBA 2nd.
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