Loan Financing Can Provide You the Cash
You Need Until You Secure Longer Term Financing. Our
Commercial Bridge Loan Mortgage financing programs
are primarily real estate based and start at $300,000. LTVs to 65%,
for Ron @ 1-828-689-4683 or 1-877-655-5625
commercial real estate bridge loan loans, let U.S. Funding Solutions
help your company acquire bridge financing. We understand the frustrations
of business property owners and offer short and longer term bridge loan
Your Commercial Loan Summary
Loan Financing on Commercial Property Program Highlights
have had the pleasure to work with Ron Stone on a rather complicated
transaction. Throughout the process, Ron proved to be exceptionally
competent, understanding of the issues on hand, and very pro-active
in finding solutions for said issues. I can only express my deep gratitude
to him, and I consider anybody who has the chance to work with him,
to be the fortunate one because it will be a successful undertaking".
H. Jim Scherber, Owner & Broker, HPS Real Estate Investments, Palm
is a Bridge Loan?
simply, a commercial bridge loan is a short term loan (usually no more
than 3 years) to give the borrower time to stabalize the property or
their financial/credit situation in order to either 1) Refinance the
commercial property or 2) Sell the property. Unlike our bridge mortgage
loan program, most commercial bridge financing loans carry double-digit
interest rates and significant front end points. We hope this helps
you understand what is a bridge loan at least for commercial
to $15,000,000 or more
represent traditional hard money lenders but have refocused
our efforts on a unique Low Rate (and low points) commercial bridge
lender that is not credit score focused. Call to learn more. You'll
specialize in lending for property acquisitions and refinance.
Our creative lending expertise enables us to close
on these equity-based programs of $300,000 to $15,000,000. They
also allow borrowers with assets to acquire the financing they need.
Can I refinance my commercial bridge loan? Absolutely.
We can get you another bridge loan with a much better interest rate
if you aren't ready for a normal refinance. We can also refi a commercial
bridge loan with a good rate and a longer amortization period.
What if I need to get a commercial bridge loan with bad
or poor credit? Credit is not normally a factor in our
commercial bridge mortgage financing programs.
Can I refinance my bridge loan with cash out? Absolutely.
Not only are banks not lending much on corporate properties,
since late 2006, 384 lenders have gone under. Here is the list of real
estate lenders that have closed their doors. Mortgage
lenders Out of Business
So just how does the process of getting short term financing
The process starts with a few simple questions for
us to understand the type of property, the value of their property(s),
the bridge amount and the customer's needs. Credit may or may not be
pulled as it's not much of a factor in these bridge loans. For qualifying
properties and LTVs (see above) that have a recent appraisal, the process
may be quite fast. Commitments can happen in as little as a few hours
and funding can occur in as little as 5 days. Fees can be built right
into the loan which typically goes for 1 to 3 years. Also, there are
no prepayment penalties so you can pay off the loan at any time, giving
you the flexibility you need when seeking longer term financing. We've
had customers pay off their bridge financing in as little as 3 months.
Our programs are ideal for property owners needing to move quickly.
This may help a business out of a jam when their existing loan hits
the balloon date. Our programs can also allow a business person the
ability to take advantage of a great opportunity in buying a piece of
property in a distressed situation. The key to these is the speed of
issuing these loans.
Interesting Financing Tips Article
Here are 5 Financing Tips You Need To Know
For many corporate property(s) owners or buyers, the
banks are pretty much ignoring their needs. And why not? These may be
really cheap (near zero interest rate) money from the Federal Reserve
that they can buy U.S. Treasuries and pocket a nice spread with no risk.
The effect of this is a huge number of businesses are
having to get short terms financing on their businesses properties to
tide them over a few years until corporate credit is freed up or until
they sell their properties. And while they are not cheap, they may mean
the difference in hanging on to their properties and losing it. However,
there are some conditions for borrowing that a prospective borrower
needs to be wary of. Here are 5 critical watch outs you need to be aware
1.Prepayment penalties – Businesses needs to try and avoid borrowing
with a prepayment penalty as just like with the sub prime implosion,
those penalties can wreak havoc with your future refinance or sales
plans. Not having a prepayment penalty gives you a lot more flexibility.
2.Term – Businesses need to be sure the term is long enough to
carry them to the next phase whether it be a refinance or sale. Too
short can get you right back into hot water. If you avoid a prepayment
penalty, there is no downside to a longer than needed term as kind of
3.Not Borrowing Enough– You need to be sure you borrow enough
to cover those little (or big) surprises. Again as in number two above,
it’s just good insurance particularly in these uncertain economic
4.Borrowing too much – Yes, I know I just warned against borrowing
too little but you can easily go overboard and borrow considerably more
than you need. If you’re buying or constructing a business property(s),
it’s real easy to borrow enough to cover all those “bells
and whistles” that are best done from your busineses future cash
5.Not Using the Best Finance Structure – Bridges can be structured
many ways. Be sure that you don’t just take the first structure
that is presented to you by the lender. Be creative. You may want an
experienced third party to help you figure what structure is best for
you and your business(s). Remember, the lender will propose what is
in their best interest. You need to counter with what is best for you
and your business(s) if different.
Take note and use them when negotiating with your lender.
Is The Business Property Market The Next Big Problem For The
United States Economy
While many economists are focused on the unemployment
numbers, residential foreclosures and the growth of the GDP, there still
remains a possible near replay of the housing crash. I'm talking about
the commercial real estate and commercial real estate mortgage markets.
While the factors that led to the housing crash have
and continue to be front and center in the main stream media, news coverage
of the commercial real estate market is receiving very little press.
What many don't know is that while to a less significant degree, the
corporate real estate and corporate mortgage markets (an over $6 trillion
market) have gone through a very similar period, as did the residential
The similarities were 1) The corporate mortgage market
was sliced and diced by Wall Street to the amount of over $700 Billion,
2) Businesses property values jumped dramatically as a result of easy
mortgage loans and the resulting demand and 3) These business(s) real
estate loan requirements were lowered significantly (but not as much
as residential home loan requirements) during the residential property
boom. The main differences are 1) A lot less speculation was made in
commercial properties and 2) Practically all businesses mortgage loans
are shorter term loans. While less speculation, often in the form of
flipping or even attempted flipping is a good thing, short term loans
are a bad thing so business property owners don't have the luxury of
time to wait out the market or economical ups and downs. In addition
to this fact, many of the banks are not making corporate real estate
loans except for the really large companies and those with pristine
Luckily, there are a few private commercial lenders
who are filling some of the void left after the big banks deserted this
market but even so, there are a lot of anxious business owners needing
a company mortgage refinance loan. Many, however have neither the market
value and equity in the property or sufficient income for debt coverage
to allow them to get a mortgage. Numerous others are getting hard money
to bridge the financing gap. If as many gurus forecast, the corporate
market busts anywhere near to what happened in the housing market (and
early indicators, such as delinquencies reflect this), it could be a
massive hit to an already delicate economy. Time will tell.