Dean Hitchings's Blog (13)

Funding for Multi Unit Properties, Assisted Living Facilities, and Nursing Homes

Ascendant Financial Group is pleased to offer a very attractive funding program for the purchase, refinance, construction, and substantial rehabilitation of Multi Unit Properties, Asisted Living Facilities, and Nursing Homes.

Here are the details of the program:

*Non-recourse funding

*Loan amounts $2 Million minimum with no limit

*35 year fixed rate - No adjustments or balloon payments

*Interest rate - 5.25%

*Loan to value - 83%

*Minimum DSCR…

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Added by Dean Hitchings on January 31, 2014 at 10:31am — No Comments

RESIDENTIAL PORTFOLIO BLANKET LOANS

Ascendant Financial Group offers a blanket funding for the purchase and refinance of residential real estate portfolios.

*5+ properties minimum

*Loan Amounts - $1,000,000 - $100,000,000

*Loan to Value - 70% - 75%

*Loan Terms - Rates 6.5% - 7%; 5 & 10 year fixed rates' Amortization 25-30 years

*Debt Service Required - 1.20%

*Asset Types - Portfolios of 1- 4 family rental properties and condos

*Security Type - Cross collateralized and cross…

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Added by Dean Hitchings on January 18, 2014 at 12:17pm — No Comments

100% Funding for Commercial Real Estate and Projects

100% funding available for Project Funding, Commercial Real Estate Acquisition and Refinance.

Loan Amounts $6 million to $50 million

All types of projects and real estate will be considered

Funder generates a line of credit for the amount requested. Part of LOC funds are put into a trade program to generate the funds to repay the line of credit within one year. The funding is non-recourse and the client has no payments and no payback on the LOC.

Deposit required…

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Added by Dean Hitchings on November 19, 2013 at 9:25am — 1 Comment

STATED INCOME SMALL BALANCE COMMERCIAL REAL ESTATE

*Stated Income - No Personal Tax Returns Required

*Loan Amounts - $50,000 - $500,000

*Credit Scores as low as 600

*Loan to Value - 70%

*Purchase or Refinance

*1.25% DSCR

*Fast Approvals and Closing in 30 days or less

Available for:

*Multi Family

*MixedUse

*Retail

*Office and Much More

Contact me if you would like to purchase or refinance a commercial property and have been unable to qualify…

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Added by Dean Hitchings on September 14, 2013 at 2:21pm — No Comments

STATED INCOME FINANCING FOR THE PURCHASE AND REFINANCE OF ALL TYPES OF COMMERCIAL REAL ESTATE

HERE ARE THE DETAILS OF THE PROGRAM:

*75% LOAN TO VALUE

*650+ FICO SCORE

*1.25% DSCR

*LOAN AMOUNTS - $200K - NO LIMIT

*COMPETITIVE RATES AND TERMS

WHAT IS NEEDED TO APPLY

*LOAN APPLICATION

*CREDIT REPORT

*RENT ROLL, LEASES, OR MONTHLY CASH FLOW ON PROPERTY…

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Added by Dean Hitchings on September 10, 2013 at 12:52pm — No Comments

STATED INCOME FINANCING 1 - 4 UNIT INVESTMENT PROPERTIES

We are pleased to offer a true Stated Income Program for 1 - 4 unit investment properties.

STATED/STATED PROGRAM

*Single Family Investment

*640+ Fico Score

*70% Loan to Value

*Property can be vacant

*STATED/VERIFIED RENT PROGRAM

*1 - 4 unit rentals

*640+ Fico Score

*75% Loan to Value

*1.25…

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Added by Dean Hitchings on September 10, 2013 at 7:39am — No Comments

SMALL BUSINESS LOANS (NO REAL ESTATE)

PROGRAM HIGHLIGHTS

*$50K - $350K

*6% QUARTERLY RATE

*CREDIT SCORES AS LOW AS 600

*10 YR AMORTIZATION

*NO COLLATERAL REQUIRED

*CASH FLOW BASED

*NO LTV REQUIREMENT

*AVAILABLE FOR ANY BUSINESS USE

WHAT IS NEEDED FOR SUBMISSION:

*SBA PERSOANL FINANCIAL STATEMENT

*MOST RECENT PERSONAL AND…

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Added by Dean Hitchings on August 29, 2013 at 11:26am — No Comments

100k SMALL CAP PROGRAM

100K Small Cap Program…
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Added by Dean Hitchings on August 19, 2013 at 1:28pm — No Comments

HUMANITARIAN PROJECT FUNDING

BG trade program
We have a …
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Added by Dean Hitchings on August 19, 2013 at 10:36am — No Comments

NO PERSONAL GUARANTEE SHELL CORP FUNDING $60K- $80K

"NO PERSONAL GUARANTEE"

  Get - ($60,000 - $80,000)…
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Added by Dean Hitchings on July 31, 2013 at 1:00pm — No Comments

ASCENDANT FINANCIAL GROUP OFFERS MEDICAL LOANS

WE HAVE MEDICAL LOANS FOR PRACTICES, ASSISTED LIVING FACILITIES, START UPS, PARTNER BUYOUTS, EQUIPMENT, FURNITURE, AND WORKING CAPITAL.

*LOAN AMOUNTS - $250,000 - $2,000,000

*CASH/EQUITY INJECTION - 10%

*LOAN TERM: 25 YEARS FULLY AMORITZING (NO BALLOONS)

*INTEREST RATES - DEPENDENT ON STRENGTH OF PRACTICE FROM P&1.25%-P&2.5%

*EXPERIENCE - PROPER LICENSE AND 2 FULL YEARS PRIOR EXPERIENCE IN THE INDUSTRY

*COLLATERAL - NO MINIMUM FOR START UPS…

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Added by Dean Hitchings on July 30, 2013 at 12:03pm — No Comments

Multi Unit Financing

WE HAVE MULTI UNIT FINANCING AVAILABLE WITH COMPETITIVE RATES AND TERMS FROM A DIRECT LENDER SPECIALIZING IN MULTI UNIT FINANCING.

 

Loans Amounts- $300,000 - $10,000,000

Loan to Value - 80% LTV, 85% LTV on strong deals. CLTV 90% with seller second

Rates: 5.5% - 6.5% depending on strength of the deal

Amoritzation: 30 Years

48-72 Hr. Preapprovals

Closings 30-45 days

IF YOU HAVE A MULTI UNIT DEAL YOU SHOULD GIVE ME A CALL.

DEAN…

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Added by Dean Hitchings on July 30, 2013 at 9:30am — No Comments

ASCENDANT FINANCIAL HAS FUNDING FOR ENERGY PROJECTS AND ALL TYPES OF MINING OPERATIONS

We offer funding for oil operations that are currently operating and need to expand current operations or drill new fields.

Must have geology reports to verify production potential.

We also offer funding for all types of mining. If currently operating and need to expand or start ups that have the 43/101 reports to verify the value of the mineral.

$10 Million with no limit. Joint Venture funding available.

Send an executive summary for review by our experienced…

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Added by Dean Hitchings on July 16, 2013 at 2:05pm — No Comments

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