Wednesday, March 18, 2009

The Truth About Getting a 100% LTV Commercial Loan

Here's the reality about getting 100% financing for commercial projects in 2009. At Walker Commercial Funding, we always tell the truth. The good truth or the bad truth, but it is the truth. So, with that being said, here is the truth about the 100% financing that is currently available:

1. You could get a joint venture partner, but you must have a very attractive project. Please read this article for a more clear definition of what is available in the JV world and what JV/Venture capital is requiring to take on your project. Read This Article

2. You can nearly gaurantee your success by going through a structured finance program. We are master brokers to a firm that specializes in this type of transaction. It is nothing new and the probablity of success is very high if your project is accepted. The firm we work with is both an international law firm and a licensed financial institution. They require a $100,000 retainer and the process takes 12 months to fund. Their competitors charge an excess of $500,000 and don't even provide the collateral to complete the transaction.

3. The other option involves working with our asset managers that will fund your project at 100% LTC, but they will require that you deposit a substantial amount of collateral with them. The benefit to this program is your collateral will generate handsome returns while you get your project financed at 100% LTC.

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