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Go Back   Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk

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  #1 (permalink)  
Old 09-16-2008, 07:41 PM
guinneyace guinneyace is offline
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Looking For A Commercial Lender With No Due Diligence Fees

I'm looking for a commercial lender with no due diligence fees. NO BROKERS!!!

Cashout Refinance for a well established catering hall. Approximately, 5.2 million loan amount, roughly 65-68% ltv. Cashout of $500k-$600k will beused to finish the kitchen area so they can utilize the entire buiding for booking weddings, anniversaries, birthdays, etc.. The borrower can prove they are booked for business through the end of 2009.

Please contact me at 508.833.0295

Thanks
Chris
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Old 09-17-2008, 06:51 PM
Mr. Options Mr. Options is offline
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Has anyone responded to you yet?
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Old 09-18-2008, 08:29 AM
Wilson Acosta Wilson Acosta is offline
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Chris,

We can most likely get this deal done. I wll need some more information to get started. Belwo is my e-mail address contact me there and I will send you over our Submission Form and List of Documents I will need.

Regards,

Wilson Acosta
(813)777-1969
W.Acosta@GMCmtgCap.com
__________________
Wilson Acosta /Sr. Account Executive
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Old 09-19-2008, 01:15 PM
CCBANK CCBANK is offline
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commercial lender

Please allow me to introduce to you Community Commerce Bank. We are a commercial bank. Our primary focus is financing commercial properties properties in California. Our clientle is 95% of brokers. So we are very broker friendly.

We don't have cookie cutter guidelines like other banks. WE DON'T LOOK AT FICOS! We know that not all properties fall into the same category. That is why we look at every property individually. The most important aspect for us is the property not the borrower. We provide loans to Church organizations, Motel/Hotel, Multifamily, Industrial, Office, Retail, Automotive, Manufactured Homes and more. We will even finance college student housing (fraternity homes), Individuals, Corporations, Joint Ventures and Trusts.

PLease don't hestitate to ask me anything regarding commercial loans. I will do my best and diligent in responding to you in a timely manner.

I forward to hearing from anyone hear on MortgageBrokerLand.

Kind Regards
Carlos Pena
Community Commerce Bank
(California Only, portfolio lender)
3142 Vista Way Ste. 101
Oceanside, CA 92056
T: 760.439.9055
F: 760.439.2024
C: 310.869.0438
E: carlos@carloscommerciallo.com
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