CommLoan’s Post

📸 Deal Spotlight: $5.5MM Cash-Out Refinance from CommLoan 🌐 Location: Whitefish, MT 🏢 Property: 67-Units Hotel (44,753 Sq. Ft.) 🎯 Client Expectations: Lowest interest rate, maximum loan amount, lowest payment ✅ Solutions Delivered: 6.75% interest rate, $5.5M loan at 55% LTV, 10-year fixed-rate/25 years amortized 📈 Story Highlights: The borrower aimed to escape a high interest rate and obtain cash-out for property renovations. Commloan's CUPID technology connected them with a lender offering lower rates and securing proceeds for renovations. This success showcases Commloan's expertise in exceeding expectations. #cre #commercialrealestate

Woo Hoo Dan Felico...thanks for closing another loan with #PennymacTPO. CTC on your conventional refinance is easy peasy for you and your team. Thanks for your continued business. #brokerwholesale #residentiallending #business2business

"We never anticipated closing so quickly and on such favorable terms!" This is what our client shared at the closing table. It's moments like these that underscore why we do what we do. Our commitment goes beyond transactions; it's about opening doors to possibilities that empower our clients' growth and success. When we first sat down to discuss financing for expanding into a new location, our client was focused on acquisition. However, our comprehensive review uncovered a golden opportunity — cash-out refinancing from an existing property, enhancing their purchasing capacity more than initially imagined. Are you looking to purchase a new space for your business, or do you have a client in need of expert guidance for such a venture? Reach out to us at Pando, and let us guide you to your next success story. #commercialrealestate #smallbusinessowner

I’ve seen a few different estimates of the “wave” of maturing #CRE debt in 2024, but the concensus is that there will be at least $300 Billion of #commercialmortgages that will need to be #refinanced. Of that, about $125B is #CMBS debt, $50B is #CLO debt, and $27B is #Agency debt, with the remainder spread across the balance sheets of #Banks, #CreditUnions, and other #DebtFunds. Just like in this example, our team at Walker & Dunlop continues to secure best-in-market #loan terms for all of our clients’ financing needs through our capabilities as a #directlender and our deep #relationships with the most #reliable and #active lending partners across the country. This is your sign to bring us your #maturing debt opportunities and put Riley, Evan and I to work for you in 2024!

"I didn't even get a chance to stand my ground! I don't know how so many people are wealthy enough to have hundreds of thousands of dollars on hand to pay cash." I just got the above text from a client who submitted a very competitive offer over the weekend using a fully underwritten preapproval. While it is possible that the winning bidder had a hefty chunk of change, it is also likely that they are implementing a tactic called "Delayed Financing." Simply put, delayed financing allows a buyer to purchase a property in cash and then quickly obtain a cash-out refinance after closing. PROS: * Allows buyers to secure a property in a competitive market CONS: * Lenders must prove that the cash used to purchase the property came directly from the buyer. They cannot use gift funds to qualify. * Cash-out refinance interest rates are generally higher than rates offered on purchases. Is delayed financing a tactic you've heard of before? Do you think it is a tactic worth exploring in a competitive market? Let me know in the comments! #delayedfinancing #mortgagefinancing #realestateinvestment #realestateinvestor

At MJ Capital Resources LLC we have a wide range of customers and deals we are working on right now. Thankful for amazing opportunities and be able to help find the best options for them! Here are a few⬇️⬇️⬇️⬇��⬇️ 1. $7 million working capital line of credit for $50 million company + future acquistion loans of $3 million+ each (before utilizing us, they were only able to attain terms for $3 million LOC) 2. $1 million purchase of a building for an existing bar that is currently leasing the building 3. 8 Property - 10 Unit Blanket Refinance - $750,000 4. 5 Unit Refinance $500,000+ 2 property Line of credit for $300,000 - Existing customer, that I created a bridge loan for the year prior to purchase the 5 unit property 5. $270,000 2 multi unit properties - Out of state investors with low cash flow on the properties 6. $600,000 refinance of owner occupied commercial building - recent credit issues, able to set up a bridge loan Plus a dozen or more refinances of residential unit properties, commercial buildings and purchases. Some repeat customers, some with income concerns or credit concerns. I cannot do everything, but I have a lot of options and a lot of great relationships. Plus, Ill work through it with you and be as honest as I can of what can and cant be done #dealsinprocess #lending #commercial #realestate

In times of uncertainty, having a nest egg is important. loanDepot is here to discuss your refinance options, including a cash-out refinance which can help build that nest egg. We have several Cash-Out Refinance programs available to help you save money.

How many investors are looking for flexibility from your lending partners? I think everyone is; the Loan Broker, the Realtor in addition to the Investors in the marketplace. Within our high interest rate environment, we are all looking for ways to help us make a better decision on what to buy or refinance. I had a conference call last week with one of my Lending Partners and they are now going nationwide with their Investor program that provide the following options. * $500K ~ $5M loan amounts * 5-7yr Fixed terms on 25/30yr Am * NO Prepayment Penalty EVER(HUGE) * 60-65% LTV with most CRE properties including specialty properties * interest rates are very competitive For those that need to refinance or buy now and wait for lower rates down the road, now is the opportunity to get involved. If you have any scenarios or questions, reach out to me anytime. #cre #creinvesting #retailrealestate #lakenona #orlandobusiness #commercialfinance #commercialrealestateinvestor #commerciallending #winterpark #orlandorealestate #floridarealestate #offmarketdeals #fundingsolutions

**Just Funded** $503,000 Refinance Retail Owner occupied •6.99% •5 year fix •25 year Amortization •No prepayment penalties Clients were paying 11% prior to connecting with me…safe to say they are satisfied 🤝 #crux #commercialfinance #executionmatters #brokerlife

#JustClosed Continuing to take advantage of "zero call protection" financings so our clients can freely refinance without penalty when rates turn in their favor. #crefinance #retailrealestate #lending #lendingsolutions #commerciallending #commercialrealestate #shoppingcenters