Thursday, March 19, 2009

New Commercial Refi Program for Properties 10M and Above

COMMERICAL LOAN OFFER


WE ARE PRESENTING LOANS TO AVAIL AN ALTERNATIVE MEANS TO THE REFINANCE OF COMMERCIAL PROPERTY IN THE USA

The Commercial Lender / Operator that we introduce will refinance your Commercial Property in the United States (mainland) using the following formula;


50% of the Appraised Value

- any/all Debts against the Property

= Equity

X Multiple of up to 10



Wherein, if the Appraised Value of the Property is USD $ 20 Million and fifty percent (50%) of that Value is USD $ 10 Million and assuming there is an unpaid Mortgage on said Property of USD $ 4 Million, then the Equity balance via this formula would be

USD $ 6 Million.

The Lender / Operator will afford a loan of up to ten (10) times the Equity, so assuming upon evaluation, a 5 X multiple is requested and/or accepted then the loan of

USD $ 30 Million (20M x 50% - 4M = 6M x 5 = 30M).



The LOANS are presented as

»5% Interest – Fixed

»3 Year Balloon

»NO Payments for the 3 Years (optional)

»NO Personal guarantees



The MINIMUM Equity against which this type of Loan is offered is USD $ 5 Million.



TO APPLY –

One (1) Page Loan Application (Simple Form Letter. NO form 1003)

Copy of Title Policy

Copy of Current Appraisal



NO credit review, NO personal guarantee, NO lengthy mortgage application.



Please review and advise if you should have any questions or comments.

We look forward to assisting you.

Interest rate is 5% fixed.

· No Raw Land

· US Only

· Must be Brick and Sticks….

· NO DSCR

Walker Commercial Funding www.walkercf.com brian@walkercf.com 281-852-8298

No comments:

Post a Comment