New Lower Rate Good for 45 Days
While interest rates have gone through the roof, WE DECREASED OUR RATE to 9.75% on Hard Money commercial property loans! This rate…
Wave of Foreclosures
Millions of Americans took advantage of the payment suspension and mortgage forbearance programs both lenders and the federal government rolled out due…
A Reliable Source of Capital
Amidst the uncertainty about what the future holds, in many markets around the country commercial property investments are as strong as ever, and…
Loans, Borrowers or Brokers!
Loan requests from borrowers or brokers? Loan requests submitted by mortgage brokers usually meet our general criteria; loan requests received directly from…
What Were They Thinking?
What Are They Thinking? Recent Questions from People Wanting Commercial Mortgage Loans 5. If you make me a loan can I sell…
Using a Broker…
The Reasons I Always Use A Broker when Purchasing Real Property 1. Specific area knowledge 2. Buffer when offering less than seller…
We closed and funded loan in 44 hours!
On Wednesday,, October 2, at 3:09 PM we received an email from a mortgage broker asking if we could close and fund…
What They Say and What They Really Mean
1. “I’m looking to utilize the greatest leverage possible”………. “I have no money to put into the deal” 2. “The seller and…
The Five Biggest Frustrations for Mortgage Brokers
5. Borrowers who decide to “go a different route” after you spend 20 hours sourcing their hard to finance loan 4. Loan…
How Mortgage Brokers Can Salvage a Deal When the Borrower Owes More than the Property will Support
1. Negotiate a reduced payoff with the current lien holder(s) 2. Ask the borrower if he has other property he owns free…