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davedlf
9 Posts |
 Posted - 05/09/2008 : 3:14:09 PM
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| Commercial purchase. Retail building. Loan amt $235 Owner occ. 80% ltv full doc. 620 fico. BK 9 yrs ago...Any takers? davidd@rockwellfunding.net |
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GlennP
160 Posts |
Posted - 05/09/2008 : 4:33:03 PM
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Need dscr to be 1.2 or >. If so call or e-mail me for deatails, thanks.
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ccbank
1205 Posts |
Posted - 05/09/2008 : 4:47:23 PM
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quote:
Originally posted by davedlf
Commercial purchase. Retail building. Loan amt $235 Owner occ. 80% ltv full doc. 620 fico. BK 9 yrs ago...Any takers? davidd@rockwellfunding.net
cAll me. |
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gman58
7 Posts |
Posted - 05/11/2008 : 3:22:59 PM
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Dave,
Since this is an owner occupied property, we would need to see the borrowers tax returns for the last 2 years to determine if the property can debt service. If not, the LTV might have to be taken down a little bit to get it to work. HIs low fico restricts the number of programs available to him as well.
Please contact me to discuss...
thanks
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EMScommercial
4688 Posts |
Posted - 05/13/2008 : 12:12:37 PM
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If you should still need assistance...
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 such a deal..... (the number changes regularly - adding and removing to meet our clients' needs) to our internal - proprietary 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 255 lending sources for this type of property 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!
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...
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