That's correct. In addition to my 100% funding sources, I have a direct relationship with a major banking group that will fund large projects up to 90%. There are NO Points to the lender and rates are in the 4-5% range for 25 or 30 year amortization. It doesn't get much better than this. Please emaill me to discuss your deal; mark@lendingresourcesgroup.com.
Thank you,
Mark
Added by Mark Robbins on October 29, 2013 at 11:43am — 1 Comment
My lender is asset based, so non recourse to the borrower and no prepay penalty. They fund major development projects throughout the US and other friendly international locations. They have been doing this for 20+ years. There are 2 important requirements: 1. borrower must place 10% of the loan request in an escrow account with the funder - this remains under the borrower's control at all times; 2. lender helps borrower set up an international business corp. & trust to administer…
Added by Mark Robbins on October 15, 2013 at 11:11pm — 4 Comments
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