Mortgage Grapevine
Loan scenario: PA, $600,000, 750, 65% LTV, Refinance, full, NOO
State: PA
Amount: 600,000
Property type: COM
Documentation: full
FICO: 750
LTV: 65%
Occupancy: NOO
Loan purpose: Refinance
Looking to do a refi/purchase 10 unit mixed use property in PA, 65 to 75 percent LTV depending on loan structure, credit score of the borrower/ purchaser is 750
by Sandra1 December 17, 2012 5:31 PM
Hi Sandra1,
Email me at diane@mosheassociates.com. We finance hard asset projects up to 80% LTV. Will need more information so I look forward to your reply.
Diane
by retired16 December 17, 2012 5:44 PM
It is a refinance, but also a refi/purchase? What does that mean? What are the mixed uses, and what percentage is each? Is any part of it intended to be owner-user business use? If so, what part?
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by richardloan December 17, 2012 6:54 PM
Hello Sandra:
I work with lenders that may be interested in this deal. Please call to discuss your client's requirements and/or send your Exec Summary to commercialcashexpert@gmail.com
by neveaux50 December 17, 2012 7:39 PM
Of the people who posted, Adelphos is the only person who can help you and who is legit.
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by zenith December 18, 2012 8:11 AM
We are a nationwide direct commercial mortgage lender, any details to share please email.
Thanks,
Mike (781) 424-4548 direct
mathisen@equityonesbc.com
www.equityonesbc.com
by 1EquityoneSBC December 18, 2012 9:49 AM
Hi Sandra1,
This looks like something we can fund for you.
Velocity Commercial Capital is actively funding small balance commercial loans nationwide. We are a direct portfolio lender and all pricing is at PAR. With our common sense underwriting approach, the process is simpler than ever.
Give me a call whenever you get a chance. For more information or to submit a simple loan request, visit velocitycommercial.com.
Thank you,
Peter Wangerin
Velocity Commercial Capital
866-505-3863 x.267
818-532-3737 – direct line
pwangerin@velocitycommercial.com
www.velocitycommercial.com
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