03 May 2012
http://www.CommercialMortgageTips.com Discover The Ultimate Business Loan. Perfect For When You Need To Refinance Out Of Your SBA Loan. YES, There Is Commercial Money! Call 561-208-6469 NOW! Duration : 0:2:27 Technorati Tags: business, Commercial, estate, financing, Loan, mortgage, real, SBA, small
Posted in Commercial Mortgage Refinance0 Comments
03 May 2012
http://www.SBA504LoanRef.com Since the Small Business Jobs & Credit Act was passed a year ago, we’ve been able to finally use SBA 504 loans to refinance commercial property. Fortunately, a few hundred business owners have been able to avail themselves of this program to get control over their real estate expenses with the long-term, fixed-rate financing [...]
Posted in Commercial Refinance4 Comments
03 May 2012
http://cimecorp.com/RE/Commercial_loan_refinance_workout_negative_cash_flow.html Do you own a commercial property and are experiencing negative cash flow? Or collecting lower income? Do you have a bad mortgage (with now unaffordable payments) – or do you need to sell? There are hundreds of thousands of property owners suffering with negative cash flowing properties and they don’t know where to turn. [...]
Posted in Commercial Loan Workout0 Comments
03 May 2012
Moderately difficult. THe values have dropped 30% due to the recession, but they banks will only loan 80% of the new value. So a building that has a 50% Loan To Value currently will have no trouble. Anyone with a larger loan will have to pay down the current loan to get new financing.
Posted in Commercial Refinance1 Comment
03 May 2012
We own a plum commercial building in the middle of the best part of the downtown area of a small town. I have top credit—over 800. My sister has about 780. We want to refinance. Our interest rate is 8.5%. Are there any reputable companies that will refinance for a much better rate?? call first [...]
Posted in Commercial Mortgage Refinance5 Comments
01 March 2012
Mortgage Refinance on a commercial property can be tricky, but it is possible to prepare yourself by becoming familiar with how the process works, what to beware of and some of the terminology, this will help you understand what to expect at the same time increasing your knowledge. Without some familiarity pertaining to a Mortgage [...]
Posted in Commercial Refinance5 Comments
01 March 2012
A commercial mortgage loan is a type of business loan availed against a security of a commercial property. Almost anyone who has applied for a traditional form of commercial mortgage will tell you of the harrowing experiences they might have faced in trying to locate commercial mortgage lenders, selection of the right person and finally [...]
Posted in Commercial Refinance6 Comments
01 March 2012
If you have recently received a Letter of Intent or a “pre approval” from a lender regarding commercial cash out refinance, you don’t need me to explain the pitfalls. Upfront appraisal fees (at $3000 – $5000), environmental fees ($2000), start off an often expensive and “brain numbing” process to fund your commercial loan. If you [...]
Posted in Commercial Refinance0 Comments
01 March 2012
Owning a commercial building such as an apartment complex, office building, retail center, business owner-occupied building and the like is a great investment that appreciates over time and can provide a constant source of monthly income. How To Use Your Equity Without a Hassle If you’ve got equity in your commercial building, it’s a great [...]
Posted in Commercial Refinance0 Comments
01 March 2012
The financial of the company is very good and ther LTV ratio is 65% It used to be that the commercial rate was apx 2% above the going residential rate. That would put it at 6.5% today. Some loans would be fully amortized; others would "balloon" in 5-7 years. Today there are few places to [...]
Posted in Commercial Refinance1 Comment
