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tgiansante

40 Posts

Posted - 06/22/2009 :  4:35:44 PM
Anyone know of a bank doing small balance ($500K) Rate Term Refi on a light industrial owner occ commercial bldg? 720 score, full doc, under 65% LTV. Would love a 30 yr fixed or as close to as possible.
Will not pay upfront costs except appraisal! Thanks
dsh44

53 Posts

Posted - 06/23/2009 :  07:02:39 AM
We can do these small balance commdercial deals. We're and Allentown, PA based (FHA Approved & SBA Preferred) mortgage brokerage firm that works with various lenders to funds residential and commercial deals nationwide. If interested, please contact me at the below listed number, or forward me a copy of the borrowers 1003, last three years tax returns, and credit report to price the deal.
Sincerely,

David St Hill
Wise Financial
Allentown, PA
PH-484-225-0034
FX-610-437-3400
E-mail: dsh44@aol.com
DougDaft

380 Posts

Posted - 06/23/2009 :  09:05:30 AM
We do small balance. Looks like a solid deal. Let me know if you would like us to take a look.

ddaft@cbigroupllc.com
dwallace

796 Posts

Posted - 06/23/2009 :  12:34:52 PM
Sounds like a transaction that we could help with. We don't charge any upfront due diligence fees but will collect for third party reports. I would think this would be a straight forward refinance deal.

As for pricing and terms I am not aware of any commercial lender that offers 30-year fixed pricing. The best we can do is generally 5-years fixed.
Please call or email me to discuss.
ccbank

1652 Posts

Posted - 06/23/2009 :  12:46:53 PM
If in California, call me.
comcapital

25 Posts

Posted - 06/24/2009 :  8:50:18 PM
We are an SBA Correspondent so we do not charge Origination Fees. We can do most states but not all.
Please contact me for details.
ksandie

71 Posts

Posted - 06/25/2009 :  08:50:09 AM
We too can help with this...just need an Executive Summary and we can work it for you.

Thanks

Kathryn
rocky007

512 Posts

Posted - 06/25/2009 :  5:31:15 PM
Broker here for commercial loans, email us. 100K to 3Million.
NO Apartments, NO Residential, NO Gas Pumps, NO Churches. All USA
Send scenario & contact info to wmgpromo@aol.com
This User is a Premium Member, Click Here to Learn More!
fbusi

239 Posts

Posted - 07/05/2009 :  7:52:53 PM
we are direct lenders and also still have a stated commercial product.



quote:
Originally posted by tgiansante

Anyone know of a bank doing small balance ($500K) Rate Term Refi on a light industrial owner occ commercial bldg? 720 score, full doc, under 65% LTV. Would love a 30 yr fixed or as close to as possible.
Will not pay upfront costs except appraisal! Thanks


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