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06-27-2019, 02:01 PM #1
- Join Date
- Mar 2016
- Posts
- 123
Who has LOCs ?
I was speaking with someone on this site about LOCs to $1mm , FICO based.
I think he went on vaca.
Who here does the LOCs he was speaking about?
TIAMike Lewis - commercial real estate loan broker / owner
No up front fees loan broker
Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +
tel/voicemail: 937-964-5355
cell/voicemail: 440-637-5646
corporate email: mikelewis@michaellewisgroup.com
www.linkedin.com/in/cigarmike
Veteran Owned
WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.
We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.
Michael Lewis Group Commercial real estate loans
http://michaellewisgroup.com/index.html
Loan Matrix
Forms
About Us
Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.
http://arthodyd.com/d.html
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07-31-2019, 05:15 PM #2
- Join Date
- Apr 2016
- Posts
- 103
WE are a nationwide, top-line revenue driven business lender who utilizes algorithmic processes and collateral real estate to deploy capital in a bridge /mezzanine capacity within 5-7 business day.
Lending Guidelines:
Loans are structured based on (creditworthiness, business cash flow and RE collateral). WE will lend in the ranges of $500,000 - $6,000,000+ with terms of 1-4 years and monthly payment options. The rates are as low as 12% for well-qualified borrowers. Minimal documentation, and funding timeline in 5-7 business days.
Loan Example:
WE will typically lend up to 20% of business gross revenue (minimum business income $2,000,000) and collateralize the loan with RE utilizing 100% CLTV taking 2nd or 3rd lien position on available equity up to loan amount. Minimum borrower FICO 620 (NO bankruptcies, tax liens or judgments).
Initial Submission:
- Application
- 6-months Bank Statement
- PFS / Schedule of Real Estate
- 2018 Business & Personal Tax Returns
Full-file Submission (necessary for funding):
- Application
- 12-months Bank Statements
- Business Debt Schedule / PFS / Schedule of Real Estate
- 2018 Business & Personal Tax Returns
- 2019 YTD Financials (P&L, Balance Sheet)
- Collateral Real Estate Information (mortgage statement, tax bill, appraisal)
Would like to ensure WE are utilized as a resource and develop a lending vertical should the opportunity present itself.
WE PAY 2-POINTS!!!
Let me know if you would like to jump on a call to discuss possible business synergies moving forward.
All the best.
--
Sean Najieb
Business Development Director
www.myliftloans.com
180 Maiden Lane, 10th Floor
New York, NY 10038
Sean@liftforwad.com
917.477.6534 (O)
347.495.8088 (C)
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