Hotel
Loan: $ 5,500,000
Deal was on the street – 1 Year
Non-Flagged property
SBA 504
90% Financing
Additional $500,000 for fix-up
Closed in 1 Month |
Fitness Center
Loan: $ 2,250,000
Recent Corporate Restructuring
Commercial Loan
Low 7.25%
Fixed for 20 Years
LTV: 70% |
Eckerd Drugs
(JC Penny)
Moody’s Rating Ba2
(Below Investment Grade)
Credit Tenant Lease
LTV 75%
Rate: Mid 6%
Term 30 Years
$ 1,200,000 |
Gas Station
Start-up Concept
Food Court/Gas Station
Offices Above
Construction Loan
Loan: $ 12,000,000
LTV 70% |
|
Retail Cycle Parts Store
Loan: $ 235,000
Poor Credit (divorcee’)
Stated Income
TIB: 10 Years
LTV: 70%
Cash Out - Refi |
Warehouse Condo
Investment Property
Multiple Tenants
Needed Roof Repair
Conduit Loan
Loan: $ 1,200,000
Lower Interest Rate
Cash Out - Refi |
Real Estate Management
Co. Portfolio of 30 plus SFR properties Borrower’s
Credit Maxed-Out Low Income Properties
Individual properties transferred to Corp Name.
Credit Cleaned Up..
New Borrowing Power and Banking relation developed to Grow Portfolio to REIT level (Wall Street) Marketable Funding
Prime Plus 130 Basis points |
Parking Lot
No Permanent Structure
Balloon Payment Coming
Commercial Bank Loan
Fixed Low Rate
15 years 7%
$ 1,300,000 |
Car – Wash
Absentee Owner
TIB: 2 Months
Refi Private 1 st @ 10%
SBA 504
Loan: $ 1,000,000
Client Supplied Appraisal
Closed in 3 weeks
|
Chevron Gas station
Owner Operator
Poor Credit
SBA Loan 2 nd
5 Year Fixed Rate
Loan: $ 800,000
Refi 1 st and 2 nd
Cashed Out
Low Rate
|
Baptist Church
New Denomination
Low parishioners
Construction Loan
Loan: $ 900,000
3.5 Times Tithe
(plate) Revenue
|
Hotel:
Rented Weekly/Monthly
Transient Rental Income
Stated Income
Loan: $ 165,000
LTV 70%
Cash Out - Refi
|
Convenience Store
Poor credit
Cash business
Commercial Bank Loan
$ 450,000
Cash Out – Refi
Client bought new Biz
|
