Are you a dentist and you’re currently leasing your premises? If you’ve been contemplating buying a location for your practice but don’t feel you can come up with the required down payment, don’t be discouraged. My lenders can offer loan to values up to 100% of the purchase price, subject to approval. Rates as low […]
Commercial Mortgages
Attention Dentists: Financing Available up to 115% Loan to Value!
Are you a dentist who is looking to do upgrades to your commercial real estate? I have aligned myself with key lender partners who can provide up to 100% loan to value financing (upon approval of course). Or perhaps you don’t yet own your own commercial property but aspire to. Loan to values of up […]
How to Take Care of CRA Debt?
If you owe CRA a significant amount of money due to a re-assessment & have no way to pay it, you may have options. Any schedule 1 bank that you walk in to won’t allow you to refinance your home to pay CRA debt, but I deal with a schedule 1 bank that WILL allow… Read More…
Business and Construction Loans
Capital is the foundation of every business. The business owner needs to have enough funds to run his business smoothly. And, as we know, business does not always mean earning profits – you may have losses as well. In a not always predictable market, doing business necessitates the requirement of immediate cash. Commercial secured business… Read More…
Why A Commercial Equity Loan?
One main reason for getting a commercial equity mortgage loan is to obtain a line of credit. A line of credit is an amount of money made available for you to borrow from whenever you wish. When you get a line of credit with a commercial equity mortgage loan, what you’re actually doing is getting… Read More…
Private Hard Money Lenders and Working With A Commercial Mortgage Broker
Whether to work with a broker or a direct lender Private hard money lenders are in the business of providing loans and loan services to people who require hard money loans (loans collateralized by real estate.) Private hard money lenders may be direct hard money lenders or brokers of hard money loans. Most private hard… Read More…
Bad Credit Commercial Loans and Mortgages
While credit profile is an important consideration in the lending decision it is not the only one. A bad credit commercial mortgage or loan is available to individuals and businesses with less than perfect, or poor credit rating. These are also called “sub-prime” loans. Bad credit commercial loans and mortgages are available for any… Read More…
Advantages of a Commercial Second Mortgage
A commercial second mortgage is an important commercial real estate tool. Commercial second mortgages are often used in conjunction with a new first commercial mortgage loan. Typically the commercial second mortgage will have a term of one to five years with interest only payments. While commercial second mortgages can be critical in some financing scenarios, consideration must… Read More…
Commercial Mortgages
Commercial Mortgages Alternatives to Traditional Banks as Sources for Commercial Loans Commercial mortgages are available through banks, commercial mortgage companies and private lenders. Commercial mortgage rates vary as widely as residential mortgage rates. Traditional banks offer some very low rates. However, due to their restrictive lending criteria, they are prevented from making commercial mortgages for… Read More…
Mortgage Banker vs. Mortgage Broker
The list of mortgage products and sources for loans in today’s marketplace can seem endless. In spite of several Lenders, including some prominent banks, leaving the marketplace, there is still a plethora of products and lending sources for the mortgage consumer. The question then arises: Should I go with my bank or try to use… Read More…