Updated over 3 years ago on .
Are Commercial Banks Nervous?
Banks are beginning to get a little nervous, I know this because our volume of new deal flow has doubled in the last week. Whenever I get super busy, the banks are getting a little nervous. We are still AGGRESSIVELY lending, check out some of our HOT products below…..
Property type: Multifamily, mixed-use, commercial, land, investment single-family residences (SFRs’), 2 to 4 units, mobile home parks (MHP’s), RV parks, and hotels.
Market: Nationwide
Minimum loan size $350,000.00 dollars (Different products can go as low as $250K)
Maximum loan size $10ML
Types of loans Perm loans Bridge to stabilization loans Bridge to construction loans Stretch-bridge (for higher LTV loans) A/B participation Note on note Lender Finance Senior Mezz (1st TD with senior mezz) Construction loans (minimum $5.0MM) $3 Million-15 Million Mezzanine loans on Construction deals to 85% CLTV
Lending Highlights Value-add plays (negative cash flow! DCR at or below 1.0X on actuals) Foreign nationals Single room occupancy (SRO) Co-living Airbnb (seasonal/vacation rentals) Land Student Housing Master metered Vacant properties (properties with no operating history) Broken condos Investment homes (Single Family Residences)
Besides the above, we are still doing SBA loans, we have our own private money, bank statement loans, and more. If the deal makes sense, WE CAN GET IT DONE! It costs nothing to call us and run a deal by us.
Call Karen at 512-358-1511 today or get started by filling out this form!
Karen Schimpf
Commercial Capital LTD.
(512)-359-358-1511
karenschimpf at gmail.com
SBA ExpressBolt! – Working Capital loan in 2 weeks; ask for details
Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!
P.S. REFINANCE YOUR SBA 7A LOAN INTO A FIXED RATE 504 LOAN AND SAVE THOUSANDS! The SBA 7A loan is generally an adjustable loan that is tied to Prime. As the Prime has shot up this year due to the Fed raising rates, the SBA 7A loan is shooting up as well. Most borrowers will start paying an interest rate in the 8’s on their SBA 7A loan starting next month. But EVEN NOW, We can refinance that loan into a blended FIXED rate in the 5’s…that is huge on a Million dollar loan. This is only available for Real Estate-backed deals, but the savings are HUGE at this time. To find out if you qualify for FREE and see how much you can save, call me today at 512-358-1511 or get started by filling out this form started by filling out this form