We had a client come in Friday with a $5.5 Million refinance request in a smaller Washington town. It was a retail property with a small college as the major tenant and, no national credit tenants. The best rate he got from a local bank was 5.75% on a 5 year fixed with a 25 year amortization.
Give me a Call Today to Get Your Commercial Loan Closed at 512-650-8630.
WE GOT HIM A 4.3% RATE ON A 5 year fixed with the same 25 year amortization and a 10 year balloon-not a 5 year. There was NO comparison! Now the bank was charging ½ a point and we were charging 1 point but ½ point difference for a full 1.35% lower rate? NO BRAINER! Give me a call today at 512-354-5949… I can price it out and get you terms in writing in 48 hours! Give me a call today!
Give me a Call Today to Get Your Loan Closed at 512-650-8630.
-GREAT RATES!- Usually in the 4’s for office, retail and, of course multi-family
-Minimum population of ONLY 20,000 people-nationwide!!
-Loan amounts from $1 million to $10,000 million
-Stabilized properties only-4 main property types only
-75% LTV for purchase and refinance-cash out refinance is allowed!
-Properties are underwritten for cash flow, borrower debt coverage NOT considered!
Wishing You the Best,
Commercial Capital, Ltd.