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andrewh1

56 Posts

Posted - 07/01/2009 :  1:10:49 PM
Who has the best rates on commercial loans right now?
dwallace

784 Posts

Posted - 07/01/2009 :  1:33:03 PM
By far we do.

OK maybe not by far but depending on the type of transaction we have very good pricing AND we are actually closing loans. It doesn't matter what kind of pricing you are offered if you can't get it closed.

Can you give us some details on the type of project you are working on?
andrewh1

56 Posts

Posted - 07/01/2009 :  1:39:57 PM
Thanks for the info, but going by your website you guys are not in NY. Am I right?
dwallace

784 Posts

Posted - 07/01/2009 :  1:40:35 PM
We lend nationwide
Matt W.

2164 Posts

Posted - 07/01/2009 :  4:05:01 PM
Fannie loans in the upper 5's to low 6's. Most other commercial in the 6-7% range.
Minimum loan $200k. Call or email to discuss your scenario.
Thanks,
champakstmtn

19 Posts

Posted - 07/04/2009 :  9:47:28 PM

It does not matter where you are or where the
proeprty is ..some lenders do nationwide..
some lenders lend only on certain type properties

And rate does matter ..but not as much..depends on
type of proeprty, age of property, cash flow etc..

Getting loan approved and closing is important.
Rates vary from 4.5 % to 8% or 9% ..

I am a Commercial Mortgage Broker in Atlanta, Georgia.
I do loans anywhere except Florida and California.

Thanks

Champak C Shah
RIPA Financial Services, Inc
P. O. Box 870168
Stone Mountain, georgia 30087

champakstmtn@bellsouth.net

404 488 6137
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fbusi

194 Posts

Posted - 07/05/2009 :  6:35:40 PM
I agree with some of the other folks - in commercial nothing is automatic.

that it closes is 1st and foremost - rates are secondary.


fyi: we still have our stated commercial product available.



quote:
Originally posted by andrewh1

Who has the best rates on commercial loans right now?

ksandie

69 Posts

Posted - 07/06/2009 :  09:41:47 AM
Hi. We can help you out...please email me directly.

Thanks,

Kathryn
Joshua Holiday

85 Posts

Posted - 07/06/2009 :  11:19:32 AM
I can help out - all 50 states
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