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  1. #1

    Motel refinance

    Good afternoon.
    I have a customer that owns a motel Value $500,000. want to refinance 200K plus take out 50k cash. LTV would be 50%. Low fico score of around 600 waiting for the credit report. Anybody have input on were to send? Thanks in advance
    Last edited by Dansko67; 04-23-2021 at 06:33 PM.

  2. #2
    Senior Member Reputation points: 1232
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    Quote Originally Posted by Dansko67 View Post
    Good afternoon.
    I have a customer that owns a motel Value $500,000. want to refinance 200K plus take out 50k cash. LTV would be 40%. Low fico score of around 600 waiting for the credit report. Anybody have input on were to send? Thanks in advance
    PM'd you.

  3. #3
    Senior Member Reputation points: 81655
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    Quote Originally Posted by Dansko67 View Post
    Good afternoon.
    I have a customer that owns a motel Value $500,000. want to refinance 200K plus take out 50k cash. LTV would be 50%. Low fico score of around 600 waiting for the credit report. Anybody have input on were to send? Thanks in advance
    What State?

    Branded Motel?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
    NOt branded. Tallahasse fl

  5. #5
    Senior Member Reputation points: 1232
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    Dansko, find a home for this yet?

  6. #6
    Senior Member Reputation points: 81655
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    Florida
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    Quote Originally Posted by Dansko67 View Post
    NOt branded. Tallahasse fl
    Call me, I may have a resource for you.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
    Banned Reputation points: 12
    Join Date
    Mar 2020
    Posts
    160

    EASY DEAL!!!

    Anthony Auriemma
    PRESIDENT
    Phone: 848-480-1814
    Fax: 888-440-1760
    Cell: 732-552-5010
    Email: anthony@BilderbergBusinessLenders.com
    Email: BilderbergUnderwriting@gmail.com

    www.BilderbergBusinessLenders.com

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