No Upfront Fee Competitive Rates We Close Loans In A Matter Of Days No Prepayment Penalties Instant Decisions No Hidden Costs Transparent Origination Process No Cash Flow Worries Minimal Paperwork Available Natiowide with Rates as low as 7.5 Commercial Properties Only Terms: Up to 12 months
Our commercial bridge loans do not exceed 70% LTV. For borrowers With poor credit, LTV is lower. Our general guidelines are: Group 3: For FICO scores in the 500s LTV will be in the 50% Group 2: For FICO scores in the 600s LTV will be in the 60% Group 1: For FICO scores in the 700s LTV will be in the 70% Loan Amount: $250,000 - $2,000,000. Second Loans Provided if: The first mortgage is relatively small There are no restrictive clauses in the first mortgage documents prohibiting payoff. We must be able to pay off the first mortgage in the event of default. The first mortgagee permits secondary financing. The first mortgagee is aware of us and willing to inform us of delinquency. There is plenty of equity in the property. Fritz Cadet, Vice-President of Sales Heinch Lending Group,Inc Phone: 754.234.8934 Fascimile: 954.862.3068 [EMAIL PROTECTED] --~--~---------~--~----~------------~-------~--~----~ [RealEstateDeals] A part of http://realestatezoo.com Apply online for commercial real estate loans in just minutes at http://realestatezoo.com You received this message because you are subscribed to the Google Groups "RealEstateDeals" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/RealEstateDeals -~----------~----~----~----~------~----~------~--~---
