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12-11-2016, 08:31 PM #1
- Join Date
- Jun 2015
- Posts
- 32
5 million in commercial real estate to secure 2.5 Million on a 30 year term
Is being sought by a vertically integrated construction and construction materials company. Annual sales of 4 million with over 20 years in business. They are looking to refinance an existing 20 year loan (they are 5 years into it with a 2.5 million balance) at a variable APR of 1% over prime. They want a fixed APR preferable on a 30 year note. If you can help with this call and leave a voicemail or preferably text me at 310-492-3704 or email me at usa.bts@gmail.com
Please note I am an ISO, and I am looking to earn a commission.
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12-14-2016, 02:58 PM #2
Well to start this isn't the forum for long term conventional financing, 2) unless you are a licensed mortgage broker is illegal for you to solicit / broker or be involved in any mortgage transaction including being compensated the NAMB monitors and enforces these situations and you could face 1 year in jail - the only option is to seek hard money for a short term if he needs money now, and he can secure conventional financing at a later date.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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