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cstevens
47 Posts |
 Posted - 05/12/2008 : 2:54:27 PM
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Loan Amount: $1,000,000
644 FICO score
Has $400k of personal money in the deal
71% LTV of construction
Has decent reserves
Self storage
3 month construction time
1 year loan requested
Located in Billings, MT
Thank you,
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swmsn
4205 Posts |
Posted - 05/12/2008 : 3:45:57 PM
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I may be able to help. Email me and I'll tell you what docs I need to see.
He will need to prove his 400k into the deal thus far.
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gcaron05
241 Posts |
Posted - 05/12/2008 : 4:02:47 PM
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| We would be interested in this, contact me. |
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GWallace
302 Posts |
Posted - 05/13/2008 : 06:57:48 AM
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Clifford:
State Street Funding is a nationwide direct commercial Lender located in Dallas, Texas. I might be able to help you; however, I would need more information. Please note that for any construction loan, the borrower needs to be BANKABLE (i.e., excellent credit, verifiable income, good net worth with liquid assets and solvent). Please contact me at your convenience.
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joe313
595 Posts |
Posted - 05/13/2008 : 07:13:31 AM
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Cliff,
I'm not 100% clear on the scenario, but it looks like something I'd be interested in. Give me a call when you have a chance to discuss it.
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EMScommercial
4780 Posts |
Posted - 05/13/2008 : 07:15:35 AM
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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... |
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