Need some small commercial help

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abrazil

149 Posts

Posted - 05/20/2008 : 12:37:21 PM

Hi there.. I have a young man who wants to purchase a 8 unit, owner occupied.... 210k purchase price.

Silver Hill Financial used to go to 97%. Is anyone lending 90% on these anymore? Full doc file.

EMScommercial

5141 Posts

Posted - 05/20/2008 : 12:47:46 PM

More info please?

Credit/financials?
Dscr on property?
Where is the prop?

Most of the 90%ltv + fees have gone bye bye a while a go...

But, if all looks o.k. we could find you 80-85% ltv + fees....

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 receive your submission and an account managers will be assigned. Within one business day you will be contacted - starting 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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