I need to borrow $700,000 on a new commercial bldg. It appraised at $1.2M, My credit is perfect. Where can I get the best interest rate? Van is right, get a mortgage broker unless you have a good relationship with your bank – sometimes that relationship is worth a few points and/or they will waive [...]
Monthly Archives: April 2010
Where can I get the lowest interest rate on a commercial mortgage?
Posted by admin on April 27, 2010
3 comments
finanical Q?
Posted by admin on April 27, 2010
1 comment
Asset-liability management is the term where the maturity of an asset is similar to the time that the liability expires. Which of the following is not good asset-liability matching? (Points: 4) A. Brand new quality car financed by a 5-year loan. B.Retirement fund for a 35-year old containing commercial real estate. C.Loan from a commercial [...]
Commercial Loan Modification Training
Posted by admin on April 25, 2010
0 comments
http://www.clmstartup.com/ This Commercial Loan Modification Guide will walk you step by step through the Commercial Loan Modification Process. It will help you successfully complete and help Commercial Business/ Real Estate Owners. You will also be able to make great income while get your foot in the door to the Commercial Real Estate Industry. http://www.clmstartup.com/ Duration [...]
Commercial Mortgage Help, Commercial Modification, Commercial Loan, Commercial Refinance
Posted by admin on April 25, 2010
0 comments
http://www.CommercialModificationTeam.com – Commercial Mortgage Help – Commercial Refinance With the economy in a prolonged recession, more and more business are having trouble meeting their obligations on commercial real estate loans. The alarming number of defaults have prompted commercial lenders of all sizes to become willing to renegotiate the terms of commercial mortgages to help avoid [...]
Commercial Mortgage Defaults To Rise – Bloomberg
Posted by admin on April 25, 2010
0 comments
Commercial real estate to rise to more than 45% by 201. (Bloomberg News) Duration : 0:1:27 addthis_url = ‘http%3A%2F%2Fwww.commercialsecondmortgages.org%2Fblog%2Fcommercial-mortgage%2Fcommercial-mortgage-defaults-to-rise-bloomberg’; addthis_title = ‘Commercial+Mortgage+Defaults+To+Rise+%26%238211%3B+Bloomberg’; addthis_pub = ”; Technorati Tags: Banking, Business, Economy, estate, real
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Posted by admin on April 25, 2010
0 comments
Buying a home with bad credit? Knowledge is your key to being successful. The Bad Credit Guide to Homeownership can Buying a home with bad credit Some people prefer the do it yourself credit repair method we will take away the hassle and help repair your bad credit National Auto Approval provides auto loans, online [...]
Can I deduct interest paid by my condo association on a commercial loan?
Posted by admin on April 25, 2010
1 comment
I just received a letter from the condo’s CPA. This letter states the total interest paid on a commercial loan for 2008 by the condo association where I own. Is this deductible? Thanks. The total amount is broken down into amount per unit. Yes. Condominium associations often pay mortgages and real estate taxes on behalf [...]
Realtors/Mortgage Lenders Help!!?
Posted by admin on April 25, 2010
1 comment
I have a commercial pocket listing. I told a mortgage lender I know that deal in commercial loans and told him if he had someone interested let me know. He calls me the other day and says he has an interested buyer BUT, there’s always a BUT. But, it’s not his buyer, he has another [...]
Is it true that commercial mortgage loans are all ARM’s?
Posted by admin on April 25, 2010
8 comments
When we got our commercial loan, our loan officer told us that "all commercial mortgages are ARM." Although we got in on the low interest rate boom 4 yrs ago, our payments are now almost doubled. Any suggestions? If it is a commercial loan then most of the programs are ARM’s. Most of them also [...]
Song in Bank of America commercial?
Posted by admin on April 25, 2010
1 comment
Ok, I know there is a number of questions about BOA commercials, but I don’t think mine has been covered. The song is in the new Bank of America Mortgage Plus commercial. It has an indie-electronic feel to it (kind of Postal Service-ish form the couple seconds I heard). No vocals are heard during the [...]