Commercial Mortgage Scenarios
The following are a few examples of our Commercial Mortgage service
in action
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Mixed-Use Property (Restaurant, Bar and Package Store)
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with apartments on the second story, required a mortgage to take-out its
present lender.
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Solution: A mortgage was obtained with a more favorable
term that reduced the client's monthly payments and provided cash to purchase
additional inventory.
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Family Fun Center
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required capital to pay out its current lender and pay off construction bills.
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Solution: A mortgage was obtained on the property with
a term loan component on equipment and a revolving credit facility for working
capital.
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Commercial/Light Industrial Facility
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required a mortgage to pay off its present bank, to free up its credit line
for additional projects.
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Solution: A mortgage was obtained at a very favorable
interest rate that enabled the landlord to establish additional credit lines.
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Commercial Bakery
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required capital for renovations and business expansion.
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Solution: A mortgage was obtained by a commercial lender when
all the local banks said "NO".
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A Real Estate Investor
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interested in acquiring an apartment house but was unable to obtain the funds
by their present lender since they had reached their lending limit.
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Solution: A new lender, with a wider array of programs,
provided a line of credit for the new purchase and future property acquisitions.
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Manufacturing Facility
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that required a refinance of its present mortgage as part of total refinancing,
to payoff a bank that had exceeded its reduced lending limit.
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Solution: A Non-bank commercial lender without the
restrictions of bank regulators, provided a higher loan value on the building,
thereby lower the monthly mortgage payments.