Raymond Day's Blog – October 2014 Archive (2)

We need Direct Lenders/ many viable loans on REFning need funding

Disclaimer: 

We don't close every loan presented to us.  We have however obtained funding on loans that have failed to receive funding elsewhere. Yes they do take massive effort to get accomplished. We do not charge any upfront fees for our service - Zero -…

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Added by Raymond Day on October 9, 2014 at 5:51pm — 2 Comments

The 30-Day Myth about Refinancing Commercial Loans, Start Refinance 6 Months Before Balloon Date

“As of mid-2012, about one in three loans coming due through 2016 was under water, meaning the property is worth less than what's owed, according to one estimate from Trepp”. (Wall Street Journal)

Is your business loan balloon coming due in the next 6-12 months? Is your balloon payment more than 70% of the value of your business?. Do you think that with all of the positive factors happening in the Commercial Lending world right now, that you…

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Added by Raymond Day on October 7, 2014 at 9:20pm — No Comments

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