Lenders wanted

SC, Commercial, Refinance, $575K, FICO, 68% LTV
Posted on 2/10/2014 5:53:57 PM

Office building owner occupied. We occupy 66% tenant occupies 33%. 5000 square foot building In the heart of the BMW corridor. Had a balloon mature that was paid perfectly.
Perfect pay history .

REPLIES
  • by Bob DeBord on 2/17/2014 5:11:03 PM

    We would appreciate the opportunity to discuss this scenario with you. We are a St Louis MO company but work with a National lender as a correspondent nationwide. Currently they offer a 5 year fixed at 4.5% or below with a 25 yr am with full documentation. Feel free to call
    us at 314-275-0322 or e-mail info to bob@fidelitybanc.com

  • by Gary (RED STAR COMMERCIAL FUNDING) on 2/13/2014 12:29:01 PM

    We will lend on this! NO DOC, STATED INCOME Commercial Real Estate Loan 65% LTV. 30 Year AM Loan!

    Fast close, simple and easy process. Call to discuss submission requirements and more information. 610-578-0715

    Most property types considered Nationwide. $100K-$2.5MM

  • by Dean Sabourin on 2/13/2014 11:42:13 AM

    Please forward the Building's 'real' Income and Expense and most recent Financial Statements, Lease(s), Appraisal and reason why your current FI won't renew. Any Environmental concerns? Are the Shareholders Solvent?
    Send all to: dsabourin@mortgagealliance.com Call to discuss if you wish: 1-902-493-3326

  • by Matt on 2/13/2014 11:10:08 AM

    With a perfect pay history why is the current lender unwilling to refi?

  • by scott mayes on 2/13/2014 11:07:50 AM

    I have a national investor who will do this loan? That assumes the business financials are in order etc.

  • by Alchemy Private Money on 2/13/2014 11:05:26 AM

    Hello,
    E-mail me your Summary / Scenario and contact information to alloyd@alchemypm.com or call me at 888-407-4133. Alchemy Private Money is a direct investor/lender. We pride our self on our fast, flexible, and creative financing solutions for borrowers looking for immediate approval on a secured or asset-based loan. Brokers are welcome.

    Austin Lloyd

    www.Alchemypm.com

Reply to this post

Name (required)
 
Message (required)
By submitting, I agree to the Terms & Conditions

Lenders wanted View all

State Requested Amount Property Type Loan Type FICO LTV Posted
AZ $672K 2-4 Family Refinance 681 69% 2/7/2014
Details description Seeking $672K in new Loan 9 (Nine) Investor owned properties consisting of 3-Plexes, 4-plex, SFR, TownHouses, condos, valued at about $900k to 1 Million Dollars; Refinance ex ...
CA $7M Development Refinance 50% 2/5/2014
Details description My clients purchased this unfinished construction project, a master plan adult living, last year all cash for $13 mil. Need short term financing $7mil. There is a a let ...
MO $370K Multifamily Purchase 741 80% 2/4/2014
Details description Apartment 65% rent generate $6,750 per month. I will upgrade over the next 8 months about $82k. A loan with upgrades is $452,000. We want to refinance, payoff over a 25 yr term.

Poll

Is TILA-RESPA a good or bad thing long term?