Is anyone doing non recourse loans on Low LTV, good cash flow commercial deals

Please let me know

Views: 114

Comment

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

Comment by David Merkin on August 29, 2012 at 12:21pm

Yes For Sure can you give me some details about the deal. I am doing in excess of 250MM a month in new loan origination. check out our site

www.easternuc.com

Email me: dmerkin@easternuc.com

Thank you!

Comment by Catherine Turner on August 7, 2012 at 10:20am

Hello Jack,

Hello, my name is Catherine Turner, Account Executive with Senior Commercial Capital, LLC.  I can assist clients who are trying to obtain financing for the purchase or refinance of commercial property types such as: apartment buildings, mixed-use properties, retail stores and strip shopping centers, small office buildings, warehouse, storage facilities, hotel/motel and light industrial properties, and many other property types.  There’s even financing for churches.  Senior Commercial Capital, LLC has streamlined our approach to take the burden away from our loan brokers resulting in the fastest closings in the industry with no upfront fees. We offer extremely flexible programs to suit the needs of each individual borrower.

 

Your clients see you as a trusted advisor.  Whether they are looking for money to improve or expand an existing property/business or acquire a property to house their business or professional practice, they look to you for guidance.  I would like to discuss with you how we can work together to satisfy the needs of those clients and protect that trust.  Senior Commercial Capital, LLC has exclusive underwriting authority on behalf of the investors it represents.  We are a wholesale lender and agents of the SBA.   We are a "Direct Correspondent Lender".

 

SENIOR COMMERCIAL CAPITAL, LLC. has been appointed as the Direct Correspondent Lender of our Wall St. Fund to bring WALL ST. Funding to MAIN ST  

 

Brokers Protected!

 

WALL ST.  STANDARD LOAN GUIDELINES for

 

   Multifamily, Office, Industrial, Retail, Mixed Use, Hotels and many more..

 

LOAN to VALUES: 

 65-75% LTV  all Properties, 80% LTV for Multi-Family Purchases Only

 in Tier I & Tier II areas

 

INTEREST RATES:  3.75 - 5.50% Interest Average  

 8.99 - 11% Bridge Loans/Hard Money  

  

PREPAYMENT PENALTY

 5% Declining; 5% 1st yr., 4% 2nd yr., 3% 3rd yr., 2% 4th yr., 1% 5th yr.

   

TERMS

5, 7 and 10 year Terms 


AMORTIZATION

 25-30 years  

 

ASSET BASED

  No Personal Guarantees  

  Non-Recourse

  Non-Credit Score Driven  Must close in Domestic LLC.

 

Each Loan must qualify on its Merits!  

 

STREAMLINED SUBMITTAL PROCESS - NO UPFRONT FEE

EZ-3 DOCS:

  •  Executive Summary
  •  Loan Set-Up Form
  •  Statement of Understanding

Contact me at cturner@seniorcommercialcapital.com

Comment by Adam Scherr on August 7, 2012 at 9:55am

Jack,

There is non-recourse financing available for the right investment transactions.  I can be reached at 301-468-333 to discuss further.  I am glad to learn about your project and share my insight to see if it makes sense for us to work together.


Thanks,

Adam

Comment by James Rohner on August 6, 2012 at 7:01pm

Jack,

Lets get some dialogue going and see what you have in mind I can be reached at 623-251-1185 , or email me at jrohner55@gmail.com. I work directly with my attorney and the lenders on a weekly basis, we don't have any large group we have to go through and then you have to sit and wait for an decision.

Regards,

James Rohner

Comment by Marilyn Simmons on August 6, 2012 at 10:21am

Hi Jack,

We have Non-Recourse Loans for Multi-Family & Assisted Living!

This covers Multi-Family construction/perm, purchase, refi, rehab and fixed long-term interest. Healthcare to include Assisted Living, Nursing Home, Alzheimer Care Facility, Cancer Treatment Centers, Etc.

Up to 100% financing for Multi-family and Healthcare for Non-Profits.

Please feel free to access all company history and information @ http://www.kingdombuildersfinancial.org/

Please call or send email address so I can send you Forms & Details...

Thank You Very Much!

Marilyn Simmons
Direct* 901-647-8238 or 901-730-1833
Independent Real Estate Consultant

© 2020   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service