Does your lender need to eliminate commercial loans, performing or non-performing, to free up equity or to avoid regulatory issues (and are willing to discount your payoff amount)?
Does the FDIC want your loan off the books, and are willing to accept a reduced payoff amount?
If your lender is interested in a reduced payoff to clear your loan package, we work with a number of sources eager to finance such projects that offer viable exit strategies. These sources participate directly in negotiations with your lender.
Our funding source provides 100% joint venture equity financing and cover 100% of the total project costs including hard and soft costs, land acquisition and project development. They allow the developer
to recover most, if not all, of the monies already invested in the project, including monies spent during pre-development.
Introducing The New SBA 504 Loan Lowest Rate In 30 Years!
> Low Down Payment (Only 10%!)
> Long Repayment Terms
> Lower Monthly Payments
> Frees Cash Flow To Expand Business
> Many Rate Options (Including Long-Term Fixed)
> Limited Refinancing Of Existing Debt
> First and Second Mortgages
> Guarantee Fees Temporarily Waived
> Fees Set By CDC
> Prescreens At No Charge
> 5, 7 & 10 Year Fixed Rates Starting Mid 5% Range
> Loans $750,000 to $5 Million
> Up to 80% LTV
> 25-30 Year Amortization
> Minimum FICO 680
> Capped ARM Starts At 4.25% - Lifetime Cap 7.25%
> Purchase, Refinance, and Cash-Outs Available
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