Comments on: Finding Money for your Borrowers http://www.biggerpockets.com/renewsblog/2008/08/07/finding-money-for-your-borrowers/ Learn, Network, Invest Sat, 21 Nov 2009 17:53:35 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: UK Property Investment http://www.biggerpockets.com/renewsblog/2008/08/07/finding-money-for-your-borrowers/comment-page-1/#comment-59312 UK Property Investment Wed, 13 Aug 2008 22:20:25 +0000 http://www.biggerpockets.com/renewsblog/?p=1151#comment-59312 Here in the UK its getting hard to find the money for some investment deals. Data compiled by Credit Suisse shows that there were 17,300 mortgage products on the market in June 2007. Today there are just 4,000. Last year, 100 financial institutions were vying for mortgage business. Now, almost all net new lending is provided by just five banks - Lloyds TSB, Abbey, HBOS, HSBC, Barclays and Royal Bank of Scotland. Here in the UK its getting hard to find the money for some investment deals.

Data compiled by Credit Suisse shows that there were 17,300 mortgage products on the market in June 2007. Today there are just 4,000.

Last year, 100 financial institutions were vying for mortgage business. Now, almost all net new lending is provided by just five banks – Lloyds TSB, Abbey, HBOS, HSBC, Barclays and Royal Bank of Scotland.

]]> By: Tony Sena http://www.biggerpockets.com/renewsblog/2008/08/07/finding-money-for-your-borrowers/comment-page-1/#comment-59236 Tony Sena Mon, 11 Aug 2008 05:22:40 +0000 http://www.biggerpockets.com/renewsblog/?p=1151#comment-59236 The loss of DPA is going to hurt the real estate industry for quite some time. Like you said, buyers don't know how to save money. I am working with several buyers right now and all but a couple need some type of DPA. Now they are rushing to get a deal done before October 1st. The loss of DPA is going to hurt the real estate industry for quite some time. Like you said, buyers don’t know how to save money.

I am working with several buyers right now and all but a couple need some type of DPA. Now they are rushing to get a deal done before October 1st.

]]> By: Mike Taylor http://www.biggerpockets.com/renewsblog/2008/08/07/finding-money-for-your-borrowers/comment-page-1/#comment-59176 Mike Taylor Fri, 08 Aug 2008 18:09:36 +0000 http://www.biggerpockets.com/renewsblog/?p=1151#comment-59176 I think this is a smart move by portfolio lenders. There is a large untapped market out there due to the current tightening of the mortgage world. It is going to take these small lenders that are willing to take the risk to open that market back up. Sooner or later the big boys will slowly start loosening their grip. I think this is a smart move by portfolio lenders. There is a large untapped market out there due to the current tightening of the mortgage world. It is going to take these small lenders that are willing to take the risk to open that market back up. Sooner or later the big boys will slowly start loosening their grip.

]]> By: Commercial Mortgage Loans - MasterPlan Capital LLC - Glenn http://www.biggerpockets.com/renewsblog/2008/08/07/finding-money-for-your-borrowers/comment-page-1/#comment-59147 Commercial Mortgage Loans - MasterPlan Capital LLC - Glenn Fri, 08 Aug 2008 04:26:04 +0000 http://www.biggerpockets.com/renewsblog/?p=1151#comment-59147 Commercial Mortgage Loans are Being Funded by Private Lenders My firm is having excellent success getting commercial mortgage loans funded through hedge funds, private lenders and private equity firms. It’s not easy to get their attention but once your “in” they can be a very dependable source of capital. Commercial Mortgage Loans are Being Funded by Private Lenders

My firm is having excellent success getting commercial mortgage loans funded through hedge funds, private lenders and private equity firms. It’s not easy to get their attention but once your “in” they can be a very dependable source of capital.

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