COMMERCIAL LENDERS

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pameshell

7 Posts

Posted - 08/15/2008 : 06:54:24 AM

THIS POSTING IS FOR LENDERS ONLY. PLEASE WE DO NOT WANT RESPONSES FROM BROKERS. HERE ARE THE DEALS THAT WE HAVE
1. LAND LOAN IN NEW JERSEY APPRAISED AT 4.450M, NEED 50% LTV REFINACE. NO UPFRONT FEES WOULD PAY ALL POINTS AT CLOSING. IF ANY FEES MUST BE PAID WOULD BE PAID INTO ESCROW OF CHOICE TO SHOW WE ARE SERIOUS

2. CONSTRUCTION LOAN IN NEW JERSEY APPRAISED FOR 2.4M ,WE ARE LOOKING FOR 80 LTV FULL DOC 669 FICO. OWNS LAND FREE AND CLEAR, NO UPFRONT FEES, WOULD PAY POINTS FROM CLOSING PROCEEDS.
3. WE WOULD ACCEPT HARD MONEY LENDERS THAT CAN DELIVER OR PRIVATE INVESTORS. WE HAVE EVERY POSSIBLE DOCUMENT.JUST GIVE US ANY YOUR REQUIRED DOCUMENTS. THE FILE IS FULLY PROCESSED, ALL A LENDER WOULD NEED TO DO IS LOOK AND ISSUE A LETTER OF COMMITMENT. SEND EMAILS TO HOMEFIRSTCORPS@GMAIL.COM, OR CALL THE OFFICE 786-206-5904. PLEASE NO BROKERS.

dkny

210 Posts

Posted - 08/15/2008 : 07:35:57 AM

Welcome to Outpost.
You are wasting your time here if you are looking for no upfront fee legit lender.

Scott Appleg8

57 Posts

Posted - 08/15/2008 : 09:11:01 AM

I am interested in more information on the second loan and what they are constructing?

Please contact me.

americaonefinanc

4 Posts

Posted - 08/15/2008 : 10:12:39 AM

I have up to 95% commercial construction costs financing for your client’s 2nd scenario. But there are points upfront. So if you get to a point that you can't get the deal done, please call me directly at (425) 949-7069.

Sincerely,

Mike Edwards, Executive Director
AmericaOne Finance

(425)949-7069
Mike@AmericaOneFinance.com

Commercial Lending U.S. / Int'l
95% LTC Construction Financing
90% LTV Building Purchases
Com'l & Res. Development Projects

** we’re not a hard money lender**

lenderben

1081 Posts

Posted - 08/15/2008 : 10:27:35 AM

I would like more info on scenario #1, there are no points required upfront but there are third party expenses associated with getting the borrower to the loan offer stage.
(10-15k) only goes hard once a commitment is executed, which is subject only to an appraisal.

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