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
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
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