Commercial Lending
How Multifamily Borrowers are Adjusting to Rising Interest Rates
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries. Bendix Anderson | Jul 14, 2022 With the recent rate hikes from the Federal Reserve, borrowing costs for multifamily assets are rising as well. This is disrupting sales…
Read MoreBiggest Mistakes People Make When Getting Ready to Close
From our friends at National Credit Care Underwriting. Now that’s a word that makes any mortgage professional get the chills. Let’s say it again…underwriting…brrrr…those blasted pencil pushers just making all our lives more miserable. Over 90% of our clients are seeking a loan approval for a home. This has naturally turned our business model…
Read MoreCommercial Bridge Money Has Never Been So Readily Available!
From our Friend Karen Schimpf at Commercial Capital Ltd Commercial Bridge Money Has Never Been So Readily Available. We have expanded the coverage of what our private money can do, growing our platform above $2 Million up to $20 Million! This is a direct lender platform, we can close off our balance sheet (quickly) with an…
Read MoreWhat Does the Supreme Court’s Eviction Moratorium Ruling Mean?
The U.S. Supreme Court recently denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. The ruling came from a court split 5-4, with Justice Kavanaugh and Chief Justice John Roberts joining Justices Sotomayor, Kagan, and Breyer to block the request made by real estate trade…
Read MoreTap the Equity In A Commercial Property WITHOUT Refinancing!
Commercial Property Equity I wish we could take credit for this brilliant idea, but we can’t. So How Does one Tap into Commerical Property Equity without refinancing. One of our commercial lenders gave us the idea. Read on….. Reprint from Karen Schimpf May 11 You know the situation…..client owns a property that cash flows nicely…
Read MoreDo you Need to Close Your Commercial Loan by Year – End?
This is an article from one of our favorite Commercial Lenders As year-end nears, it is hard to believe but there is not that much time left to close loans for this year! There are only a few weeks left in the year to close loans….many times December is useless for many banks. In the world of…
Read MoreHow to Tap the Equity In A Commercial Property WITHOUT Refinancing
Great article from one of our favorite Commercial Lenders Karen Schmipf. Karen’s contact information is at the end of the article. How to Tap the Equity In A Commercial Property WITHOUT Refinancing You know the situation…..client owns a property that cash flows nicely and has appreciated in value but it has a HUGE pre-payment on…
Read MoreSmall Value Stated Income Loans
We received an email this past week from one of our favorite lenders whose offering Stated Value Stated Income Loans. If you own some property with some equity and want to cash out then read on and then contact our friend Karen Schmipf SMALL BALANCE STATED INCOME LOANS ARE BACK! We can do small-balance…
Read MoreCash is King!
One of our favorite Commerical Lending brokers is Karen Schimp. Karen is a problem solver and has saved a few deals for us and our clients over the years. Here’s a great story of Karen helping a Day Care center in California leverage the equity in a free and clear home which will hopefully help…
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