Posted on November 18, 2008 by jeffr1
Hard money commercial loans, though still one of the most viable sectors in the commercial loan business, seem to be showing signs of deterioration. A few lenders have actually gone out of business and many have increased their guidelines beyond the point of “cherry picking”, so it seems. As in all areas of the commercial [...]
Filed under: Uncategorized | Tagged: Commercial Hard Money Loans, hard money commercial loans | Leave a Comment »
Posted on November 18, 2008 by jeffr1
Commercial Finance Advisors is pleased to announce a recent commercial mortgage refinance. The property is an office condo in Atlanta, Georgia. Loan amount $1,250,000. The borrowers business occupied 100% of the office condo. Loan program was an SBA 7a loan, with a rate of 6.5%. The borrower was in a high interest rate loan, the [...]
Filed under: Uncategorized | Tagged: commercial mortgage refinance | Leave a Comment »
Posted on November 18, 2008 by jeffr1
Commercial Finance Advisors is pleased to announce it completed a small commercial mortgage on a property in Chicago Illinois. Loan amount was $421,000. Program was a 5 year fixed, 30 year amortization. The rate was in the mid 7%’s.
Small commercial loan program information: http://www.cfa-commercial.com/small-commercial-loans.html
“This was a classic mixed use property with retail on the first [...]
Filed under: Uncategorized | Leave a Comment »
Posted on November 18, 2008 by jeffr1
Commercial Hard Money Lender List or Commercial Lender List
Commercial Finance Advisors has added its proprietary commercial hard money lender list to its online commercial broker STORE.
“Over the years we’ve gathered this commercial lender list and have had success with a lot of the companies on it. If the markets weren’t as slow as they [...]
Filed under: Uncategorized | Leave a Comment »
Posted on November 18, 2008 by jeffr1
Commercial Loan Training, Drastic Price Reduction
Due to the credit crisis, Commercial Finance Advisors, has reduced the costs of their commercial loan training DVD by over 60%, from $300 to $129.95. The sale will end by the 1st of the month. Commercial loan originators are urged to take advantage of the sale now as this price [...]
Filed under: Uncategorized | Leave a Comment »