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 Search for: Land Colorado 10Mil Refi 45% LTV Hard Money.
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jonpaulb

130 Posts

Posted - 05/14/2008 :  10:15:12 AM
I have a borrower in Colorado who has a piece of land which he recently had appraised at 20 million (to establish value only). He wants to do a CO refi at 45%-50% LTV. He has an LLC that is over two years old and wants to know if he can do it under that entity. Full doc.

Thanks,
Jon
joe313

654 Posts

Posted - 05/14/2008 :  10:23:36 AM
Jon,

Give me a call. I ight be interested in lending on this.

mvitasa

63 Posts

Posted - 05/14/2008 :  10:36:27 AM
hey jon,
send me an email mvitasa@firstbeaconfinancial.com. we may be interested in this. Is the borrower aware of what rates/points he will be getting w/ hard money? Send me an email.
Thanks.
omegafunding

286 Posts

Posted - 05/14/2008 :  10:48:03 AM
We are here in Colorado. Deal with local sources on this. If the loan makes sense we could make it happen. But need a lot more information. Call to discuss
Ben
Omega Funding, Inc
www.omegafund.com
720-279-4345
EMScommercial

5141 Posts

Posted - 05/14/2008 :  10:51:05 AM
jon... based on what you wrote, it sounds doable.... there will surely be recourse with the loan....

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...
maritime

257 Posts

Posted - 05/14/2008 :  10:52:45 AM
private money available.
kglenn@maritimecommercial.com
www.maritimecommercial.com
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