Comments for Commercial Mortgage Loans http://jeffr1.wordpress.com Just another WordPress.com weblog Thu, 21 Aug 2008 11:33:18 +0000 http://wordpress.com/ hourly 1 Comment on Bad Credit Commercial Mortgage – “The Parties Over” by Gabriella L. http://jeffr1.wordpress.com/2008/08/21/bad-credit-commercial-mortgage-%e2%80%93-%e2%80%9cthe-parties-over%e2%80%9d/#comment-281 Gabriella L. Thu, 21 Aug 2008 11:33:18 +0000 http://jeffr1.wordpress.com/?p=237#comment-281 This is real bad news. Now those with the credit score of 650 - 670 are in danger of getting snubbed by banks. I am worried about myself. This is real bad news. Now those with the credit score of 650 – 670 are in danger of getting snubbed by banks. I am worried about myself.

]]> Comment on Commercial Mortgages with Bad Credit by Gabriella L. http://jeffr1.wordpress.com/2008/08/07/commercial-mortgages-with-bad-credit/#comment-257 Gabriella L. Thu, 07 Aug 2008 10:16:56 +0000 http://jeffr1.wordpress.com/?p=226#comment-257 Overall there are lot of misconceptions involved with mortgage especially bad credit mortgage. People with bad credit often fall for creditors that aren't worthy enough. My sister experienced the same, for her the lender was a messiah before she realized the high interest rate they are churning out of her. Overall there are lot of misconceptions involved with mortgage especially bad credit mortgage. People with bad credit often fall for creditors that aren’t worthy enough.
My sister experienced the same, for her the lender was a messiah before she realized the high interest rate they are churning out of her.

]]> Comment on Refinancing with an SBA 7a Fixed Rate Loan? by sally@maine refinance http://jeffr1.wordpress.com/2008/03/09/refinancing-with-an-sba-7a-fixed-rate-loan/#comment-247 sally@maine refinance Sat, 02 Aug 2008 12:20:40 +0000 http://jeffr1.wordpress.com/?p=47#comment-247 Came across this blog and wanted to say hi and thanks. I'm currently working with a lender on my commercial mortgage and have come up against some issues. In short I have found the whole process to be quite hard with all of the restrictions. Oh well! Came across this blog and wanted to say hi and thanks. I’m currently working with a lender on my commercial mortgage and have come up against some issues. In short I have found the whole process to be quite hard with all of the restrictions. Oh well!

]]> Comment on Commercial Loan Fee Agreement by Tania Rauth http://jeffr1.wordpress.com/2008/06/13/commercial-loan-fee-agreement/#comment-241 Tania Rauth Sun, 13 Jul 2008 15:48:22 +0000 http://jeffr1.wordpress.com/?p=68#comment-241 well said, couldnt agree more. well said, couldnt agree more.

]]> Comment on Convenience Store Loans – Options by Russ H http://jeffr1.wordpress.com/2008/05/30/convenience-store-loans-options/#comment-211 Russ H Sat, 31 May 2008 02:28:02 +0000 http://jeffr1.wordpress.com/?p=64#comment-211 Just stopped by to take a look. Good info and great Blog.. Thanks! Just stopped by to take a look. Good info and great Blog.. Thanks!

]]> Comment on Commercial Real Estate Loans – SBA 7a Loans are Still Closing by Chris Hurn http://jeffr1.wordpress.com/2008/05/08/commercial-real-estate-loans-%e2%80%93-sba-7a-loans-are-still-closing/#comment-171 Chris Hurn Thu, 08 May 2008 10:38:16 +0000 http://jeffr1.wordpress.com/?p=58#comment-171 Jeff -- Very timely post. You really should be working with us -- you would have never gotten a 35% down requirement on a hotel deal utilizing the 504 -- with us (it only lessens the debenture amount in those cases anyway, so the borrower suffers and the bank is no better off -- maybe worse off when the borrower has increased cash-flow constraints). Contact us offline and we'll help you out. By the way, commercial real estate loans from $200,000 to $10MM (even slightly more in some cases) can be done with 504s. The only reason you see so many commercial property deals done with 7(a)s under $2MM in project size is because the 7(a) has a $2MM cap and bankers make more promoting that program for smaller loans -- to the detriment of 504s, even though 504s are always a better deal for small business owners purchasing their commercial property. I look forward to speaking with you soon. Chris Christopher G. Hurn, President/CEO/Cofounder Mercantile Commercial Capital, LLC® 940 Centre Circle, Suite 3006 Altamonte Springs, FL 32714 407-786-5040 (O) or 1-866-622-4504 407-682-1632 (F) Visit us at: www.504Experts.com Blog us at: www.504blog.com Fulfilling Dreams with Smarter Financing® "The Leading Owner-Occupied, Commercial Property Lender in Florida, the Southeast, and soon, the Nation." Member of the 2007 Inc. Magazine "Inc. 500" list of 500 fastest-growing private companies in America -- #245. Orlando Business Journal's 2007 Reader's Choice Award for "Most Respected Executive in Central Florida" and "Best Small Company in Central Florida." Winners of the 2006 NADCO "Banker of the Year" award. Winner of Coleman Publishing's 2006 "Marketing Guru of the Year" award. Winner of the 2006 SBA Financial Services Champion for Florida and the twelve-state Southeast Region (District IV). Named the Orlando Business Journal’s “Top Male Forty under Forty” in 2006. Named the “Top Ten Most Influential Men to Watch” in 2007 by the Orlando Business Journal. Named “Best Place to Work” in Orlando by the Orlando Business Journal in 2007, 2006 and 2005. ATTENTION Mortgage Brokers ONLY: To Revolutionize YOUR Business, Visit www.ACE-Report.com TODAY! Jeff –

Very timely post. You really should be working with us — you would have never gotten a 35% down requirement on a hotel deal utilizing the 504 — with us (it only lessens the debenture amount in those cases anyway, so the borrower suffers and the bank is no better off — maybe worse off when the borrower has increased cash-flow constraints). Contact us offline and we’ll help you out.

By the way, commercial real estate loans from $200,000 to $10MM (even slightly more in some cases) can be done with 504s. The only reason you see so many commercial property deals done with 7(a)s under $2MM in project size is because the 7(a) has a $2MM cap and bankers make more promoting that program for smaller loans — to the detriment of 504s, even though 504s are always a better deal for small business owners purchasing their commercial property. I look forward to speaking with you soon.

Chris

Christopher G. Hurn,
President/CEO/Cofounder
Mercantile Commercial Capital, LLC®
940 Centre Circle, Suite 3006
Altamonte Springs, FL 32714
407-786-5040 (O) or 1-866-622-4504
407-682-1632 (F)
Visit us at: http://www.504Experts.com
Blog us at: http://www.504blog.com
Fulfilling Dreams with Smarter Financing®
“The Leading Owner-Occupied, Commercial Property Lender in Florida, the Southeast, and soon, the Nation.”
Member of the 2007 Inc. Magazine “Inc. 500″ list of 500 fastest-growing private companies in America — #245.
Orlando Business Journal’s 2007 Reader’s Choice Award for “Most Respected Executive in Central Florida” and “Best Small Company in Central Florida.”
Winners of the 2006 NADCO “Banker of the Year” award.
Winner of Coleman Publishing’s 2006 “Marketing Guru of the Year” award.
Winner of the 2006 SBA Financial Services Champion for Florida and the twelve-state Southeast Region (District IV).
Named the Orlando Business Journal’s “Top Male Forty under Forty” in 2006.
Named the “Top Ten Most Influential Men to Watch” in 2007 by the Orlando Business Journal.
Named “Best Place to Work” in Orlando by the Orlando Business Journal in 2007, 2006 and 2005.

ATTENTION Mortgage Brokers ONLY: To Revolutionize YOUR Business, Visit http://www.ACE-Report.com TODAY!

]]> Comment on Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. by Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage Loans « Commercial Mortgage Loans http://jeffr1.wordpress.com/2008/01/06/commercial-banker-discusses-typical-loan-scenarios-for-private-money-deals/#comment-88 Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage Loans « Commercial Mortgage Loans Sun, 02 Mar 2008 22:51:15 +0000 http://jeffr1.wordpress.com/2008/01/06/commercial-banker-discusses-typical-loan-scenarios-for-private-money-deals/#comment-88 [...] Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage Loans Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage L... [...] [...] Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage Loans Commercial Banker Discusses Typical Loan Scenarios for Private Money Deals. « Commercial Mortgage L… [...]

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