Morris Iles's Posts - Real Estate Finance2024-03-29T11:15:10ZMorris Ileshttps://realestatefinance.ning.com/profile/MorrisIleshttps://storage.ning.com/topology/rest/1.0/file/get/69853466?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1https://realestatefinance.ning.com/profiles/blog/feed?user=2i2k7udgfn4xl&xn_auth=noBRIDGE LOANS FOR COMMERCIAL REAL ESTATE PROJECTStag:realestatefinance.ning.com,2013-11-19:6517464:BlogPost:1337572013-11-19T17:47:38.000ZMorris Ileshttps://realestatefinance.ning.com/profile/MorrisIles
<p>Thank you for your interest in DK Financial Services., one of the best correspondent lenders in the country. We have a hard money division that specializes in short term real estate secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, foreclosures and bankruptcies.</p>
<p>At DK Financial, we know the importance of speed, and that loans should be structured around each client’s unique set of financial circumstances. Our…</p>
<p>Thank you for your interest in DK Financial Services., one of the best correspondent lenders in the country. We have a hard money division that specializes in short term real estate secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, foreclosures and bankruptcies.</p>
<p>At DK Financial, we know the importance of speed, and that loans should be structured around each client’s unique set of financial circumstances. Our program has been providing excellent service and creative funding solutions throughout North America.<br/> <br/>CORRESPONDENT LENDING CRITERIA</p>
<p>Loans from $1,000,000 to $50 Million</p>
<p>Loan Term: One to five years. No prepayment penalty.</p>
<p>Collateral: Typically commercial real estate. Other fixed assets may be considered in some cases.</p>
<p>Loan-to-value Ratio: Loan amounts of up to 65% of the value of the collateral.</p>
<p>If the loan is used for construction or renovation, the loan can be funded in stages up to 50% of the improved value.</p>
<p>Interest Rate: Depending upon collateral, rates start at 7%, interest only. Committment fee due upon LOI acceptance. A success Fee of 1%-4% may be charged.</p>
<p>Minimum Loan Size: $1,000,000 nationwide.</p>
<p>Immediate Response • Flexible Loan Structures</p>
<p>Conventional and Conduit Loans also available</p>
<p>For more information, please contact Morris Iles at (240) 244-9580.</p>
<p>or visit our web site at <a href="http://bit.ly/efxCBy" target="_blank">http://bit.ly/efxCBy</a></p>
<p>Email: <a href="mailto:dkfinancial.iles@gmail.com" target="_blank">dkfinancial.iles@gmail.com</a></p>Small Business Financingtag:realestatefinance.ning.com,2013-11-07:6517464:BlogPost:1307192013-11-07T18:03:22.000ZMorris Ileshttps://realestatefinance.ning.com/profile/MorrisIles
<p style="text-align: center;"><a href="http://www.anrdoezrs.net/click-7307675-11282624" target="_top"><img src="http://www.lduhtrp.net/image-7307675-11282624" width="300" height="250" alt="" border="0"/></a></p>
<p style="text-align: center;"><a href="http://www.anrdoezrs.net/click-7307675-11282624" target="_top"><img src="http://www.lduhtrp.net/image-7307675-11282624" width="300" height="250" alt="" border="0"/></a></p>10 Reasons Why You Should Have Your Commercial Project Pre Underwritten Before Sending Them To Any Lender!tag:realestatefinance.ning.com,2013-05-27:6517464:BlogPost:765002013-05-27T15:06:39.000ZMorris Ileshttps://realestatefinance.ning.com/profile/MorrisIles
<p><span class="font-size-4" style="font-family: 'comic sans ms', sans-serif;"><b><i>Having Your Projects Pre Underwritten Gives You A Major Advantage Over The Other Projects Your Funder Is Considering.</i></b></span></p>
<p><span class="font-size-3" style="font-family: 'comic sans ms', sans-serif;"><i>A Pre underwritten loan package makes the lending decision almost brainless for your funder. All or the key information is accessible and easy to locate and to analyze . This gives you several…</i></span></p>
<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-4"><b><i>Having Your Projects Pre Underwritten Gives You A Major Advantage Over The Other Projects Your Funder Is Considering.</i></b></span></p>
<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>A Pre underwritten loan package makes the lending decision almost brainless for your funder. All or the key information is accessible and easy to locate and to analyze . This gives you several advantages over all the other applicants in the lender's financing pool.</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>1. A Professionally underwritten loan package get the lenders immediate attention because rarely do they receive pre underwritten proposals. Your proposal automatically get the Lender attention.</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>2. A pre underwritten proposal is easier for a Lender to analyze and speeds up the process.</i></span></p>
<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>3. A pre underwritten proposal illustrates your attention to detail and illustrates that you have given great thought and consideration about your project.</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>4. A pre underwritten proposal makes it easier to negotiate and to enter into a constructive dialog with the lender</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>5. A pre underwritten proposal gives you the opportunity to identify any weaknesses in your proposal before submitting it to the Lender. You can address the weakness prior to submitting your proposal thereby eliminating the possible and obvious weaknesses in the proposal prior to submitting it to the lender.</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>6. A pre underwritten proposal makes your negotiations with the Lender easier because all of the information the Lender needs is available..</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>7. A pre underwritten proposal can be used to negotiate with a Seller for a lower price or better terms. "According to my underwriters, the property is only worth $$$$$$, here's a copy of the underwriting report for you to review".</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>8. A pre underwritten proposal loan package identifies you as a serious borrower.</i></span></p>
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<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>9. A pre underwritten proposal separated you from all you competition and put your loan in the front of all the other projects that are not underwritten.</i></span></p>
<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>10. You only get one time to make a first impression</i><i> </i></span></p>
<p><span style="font-family: 'comic sans ms', sans-serif;" class="font-size-3"><i>For more information go to>>>>>>> <a href="http://bit.ly/efxCBy" target="_blank">http://bit.ly/efxCBy</a></i></span></p>
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