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05-16-2015, 03:03 AM #1
- Join Date
- May 2015
- Posts
- 33
Credit lines for hard money commercial real estate lenders
USA only.
$10M minimum credit line issued to start - increases in line up to $100mm after establishing relationship and record.
For experienced, established lenders with at least a $12M+ balance sheet of commercial real estate loans.
Rates starting around 6% for warehouse line.
To apply we ONLY require only the following 4 items to pre-qualify:
1: Loan portfolio spreadsheet or current inventory. We do not need proprietary information but a % breakdown of types of CRE loans in portfolio.
2: Bio’s on principal(s) & company - one page:
(How long in business, types of loans serviced, terms, MSA’s serviced, rates, etc.).
3: Executive summary spelling out their loan / line request - one paragraph will suffice.
4: Full contact info for principal contact - Full legal name, email, best phone number.
Send the 4 required items to info@michaellewisgroup.com
Be sure to include principal contact info please.
If qualified someone will contact you. The process takes very little time.
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