Rehab Loans specialists including
commercial construction loans for most commercial property
types, starting at $500,000. LTVs to 65%, and up to
80% in some cases. Seller seconds OK.
for Ron @ 1-828-689-4683 or 1-877-655-5625
commercial real estate rehab loans, let U.S. Funding Solutions help
your company acquire bridge financing to rehab your current property
or proposed. We understand the frustrations of business property owners
and offer short and longer term bridge loan financing for your commercial
rehabilitation and construction. Many of our commercial rehab loans
are bridge loans to learn what is a bridge loan and how do bridge loans
work, see below.
Your Commercial Rehab Loan Summary
Rehab Loan Programs
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
do Bridge Loans Work? Commercial bridge loans "bridge" the
gap until the borrower can get conventional commercial financing. They
serve a very important role in commercial real estate due to the limitations
of traditional bank (including SBA) loan programs.
to $15,000,000 or more for loans on commercial property rehabs
represent traditional hard money commercial bridge lenders
but have refocused our efforts on the commercial rehab loans and
commercial construction loans areas of commercial real estate. Call
to learn more. You'll be amazed the projects we can help you with.
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.
Do your commercial rehab loans work when someone buys a
commercial property where the seller is giving a second?
In most cases we will want to see a max of 65% "As Is"
LTV including the seller second.
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.
Do you have commercial construction loans for residential developments?
Yes but on a case by case depending mostly on the phase of the development.
We do not finance construction soft costrs.
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.
Below is an article from behance.net you may find of
How Beneficial is Bridge Loan Financing?
A commercial bridge mortgage loan financing facilitate
someone who has not yet sold their previous or old property to be able
to purchase a new one. The person uses equity from the existing property
as a down payment for the new one before they have acquired the equity.
Moving from an old home is time pressured since the closing date requires
you to have vacated the premises. It provides temporary financing before
the person gets a more permanent or long term financing solution. The
loan has various benefits as well as drawbacks that an applicant should
weigh out before taking the loan.
The major benefit of bridge loan financing is the short term nature
of the loans. The loans are designed to be paid fully before a person
gets to secure long term funding. This reduces the risk getting into
a financial hump and losing the ability to pay back. Long term loans
are stretched over a long period and the borrower may suffer financial
problems. Deferring from making payments eventually lead to penalty
fees and the borrower has to pay a larger amount than originally planned.
Some end up getting into more debt so as to clear previous debt which
may not help eventually.
The short term nature allows borrowers to clear their debt before they
get into financial huddles or take on other loans. The bridge loan financing
also provides borrowers with ability to choose their repayment option.
Since it a loan provided before one secures a permanent financing solution
there can be two options. The borrower can choose to repay the loan
before they secure a long term financing solution. They can also choose
to repay it after they secure the long term finance. A borrower is therefore
able to weigh their options and choose the best and most suitable method
On the downside bridge loans are short term meaning they have to be
repaid in a shorter time period. This may a financial problem to the
borrower. This may also mean large payments that the borrower may be
unable to afford. Choosing to repay the loan after acquiring long term
financing may not be good as the loan earns interest the longer it is
not repaid. Bridge loan financing is a bridge before permanent financing
is acquired. Such expectations may fall through leaving the borrower
stranded. The situation is worse if the long term financing was intended
to repay the bridge loan.
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 – Commercial bridge mortgage
loans 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.
How to Plan for a Commercial Mortgage Refi with Poor
Securing an advantageous commercial mortgage refi with
poor credit may be a bit more difficult that it is for people with good
credit scores. It is important for you to be aware of your options to
be able improve your cash flows. There are various steps you may want
to take since a refinancing plan with poor credit comes at a higher
interest rate than usual.
I. What are your reasons for refinancing? - For most
people the reason would be an upcoming balloon payment and they are
seeking a new loan to avoid such liabilities. It is important to consider
your long-term business objectives as they will guide you into determining
whether a commercial mortgage refi with poor credit is possible or even
II. Prepare all relevant documents – The lender
will need to assess your business. This includes tax returns, a projection
of the cash flows you want to refinance and the financial statements
for the business. It is important for all these documents to give the
impression of a well thought out business plan.
III. What is the current valuation of the property?
– Property values fluctuate depending on various factors such
as the climate. The value may be different than what it was in the original
mortgage funding. The loan to value calculation will be affected by
the current value of your property. Since you are applying for a commercial
mortgage refi with poor credit, a depreciated property may disqualify
you as more equity may be needed.
IV. Make realistic projections – A bad credit
often means higher interest rates depending on your lender. It is important
to make projections that are realistic. Use a debt calculator to determine
whether you monthly income is enough to cover the monthly payments that
will be required of you.
V. Research on upfront costs – Application for
commercial mortgage refi with poor credit may call for upfront costs
which vary with the lenders. It is important to know the costs and the
effects it will have on your cash flow. You need to know that that you
will have pay from your own pocket and those that can be added to the
Applying for a refinancing mortgage loan if you have
a bad credit is made easier if you have a co-signer. Regular payments
on your previous loan also improve your chances and make you more eligible.
Choosing Suitable Commercial Rehab Loans
Having a business is a good survival strategy in the
current economy. It is the most advisable solution. Once you have started
the business you may realize you need a financing solution for your
business to keep itself afloat. This is a task that proves difficult
for most businesses as the banks may not find you fully qualified for
a loan. Getting a commercial bridge loan is the most obvious alternative
for most people as it is a good choice. However it is important to be
able to decipher how to get a good commercial bridge loan.
You need to understand the different types of commercial
bridge loans that are often offered in order to determine the good one
for your business. They include;
· Hard money lending’s – Lenders
of hard money avail loans to a borrower depending on the amount one
has available. This means that they majorly focus on cash flows instead
of credit ratings. Most of them normally operate online.
· Lending based on collateral – In other
instances the lender will base the qualification of a borrower depending
on their collateral. Collateral can be a business’ inventory or
even their equipment. There are different commercial bridge loans offered
by lenders depending on the collateral:
· Accounts payable lending – This is also
known as factoring. They base their loans on the accounts payable as
reflected in the financial statements. This may work in different ways.
They may use the accounts payable as collateral for the loan applied
for. They may also take the rights to receive the accounts payable in
exchange for a loan.
· Inventory lending – In this instance
the inventory of the business is used as the security or the collateral.
The loan amount depends on the size of the business’ inventory.
· Lending based on real estate – The commercial
bridge loans may also be commercial real estates. The loans are provided
when a borrower aims to purchase a commercial property in real estate
which can also be a rental property. The bridge loan can be used to
act as a down payment for the mortgage taken on the property.
Most commercial bridge lenders operate online and this
is the most suitable platform to seek for one. It is also good to look
for recommendations from people who have used them before. A bridge
loan is only good when it suits the borrower’s financial and business
POOR CREDITCOMMERCIAL MORTGAGE REFI
Have you been looking for a bad credit commercial mortgage
refi yet banks are playing hard to get? Well, if your answer to that
question is affirmative, you would have found a very effective and reliable
source of funding for whatsoever purpose you are intending to after
reading this piece. Fortunately for many individuals and business proprietors
alike, the US Funding Solutions has in the recent years been on the
forefront in providing funding solutions to the people who would require
different types of loans and credits even if their credit scores are
way below for them to qualify for this kind of loans.
In the event that you are obliged to refi your commercial
property and or perhaps sell the same commercial property in a bid to
stabilize the financial or credit situation of your business, US Funding
Solutions has proved to be the ideal lending provider to many businesses
and other commercial purposes considering the fact that there are very
many players in this field of expertise. With a great competent staff,
clients intending to make good use of a bad credit commercial mortgage
refinance are bound to be guided through each and every step of the
way until they get to realize their financial stability and ambitions
for their business.
The beauty of taking full advantage of these loan programs
is that credit is usually not an important factor as to whether one
gets to qualify for the loan or not. Bad credit scores have for a long
time now been associated with the inability to repay a loan and this
has led to the ineligibility of many people to get access to commercial
mortgage refinance. However, those on the look-out need not be discouraged
by their poor credit scores because US Funding Solutions believes in
equal opportunity to all and will gladly assist you in your financial
For any business entity to thrive immensely, a proper
financial funding structure that works for the good of your company
is required. US Funding Solutions appreciates this fact and has gone
out of its way to become the experts who will settle for nothing other
than to provide the best loan available for you and at the best interest
rates. Unlike many other companies that coerce people to accept credits
with interest rates, US Funding Solutions will give you the liberty
of choosing your loan package. One certainly can’t get any better
than this. So if you are intending to have a bad credit commercial mortgage
refinance, look no further, US Funding Solutions has got your back.
COMMERCIAL BRIDGE LOANS
So perhaps you are wondering what a commercial bridge
loan is and what it is all about. Well, as some would deem it to be
complicated and sophisticated at the same time, truth is, it is quite
easy to comprehend the whole concept. Commercial bridge loans are short
term loans which usually range within a timespan of no more than 3 years.
Considering the fact that they are short term loans, they are usually
intended for the purpose of giving the borrower time to alleviate his
or her financial and credit situation in to order refinance their commercial
properties or even perhaps sell the property. It goes a long way in
offering a life line to borrowers to enable them stabilize their businesses
for the better.
These loans have indeed proved to be very efficient
and reliable to many business enterprises. US Funding Solutions has
gone out of its way to provide this lucrative service to many business
entities. Unlike other commercial bridge loans, the interest rates offered
by US Funding Solutions are absolutely very low. You need not have a
huge debt to pay due to interest rates of double figures as has been
the case in the previous years. In the recent past, companies that were
headed for bankruptcy have made good use of these loans to revive their
financial status to a point of stability. US Funding Solutions has taken
pride in providing commercial bridge loans that are not credit score
focused. This has been no mean achievement. Bad credit scores have for
a long time now been the main reason why many individuals have failed
to qualify for these loans. Courtesy of US Funding Solutions, gone are
those days thus one should not be discouraged whatsoever even his or
her credit score is not favorable.
Business entities and companies alike can now get loans
to finance their properties, offices, real estates and so on. Moreover,
US Funding Solutions can refinance your commercial bridge loan by getting
you another bridge loan with a much better interest rate that you simply
cannot ignore. That is amazing right? They can also refinance a commercial
bridge loan with an extremely affordable rate and a longer amortization
period. There is a wide variety of options in which clients can have
their commercial bridge loans. With a great staff that is dedicated
to work with its clients all the way, there is indeed no other better
company that can measure up to US Funding Solutions.