Tag Archives: Christopeher Hills

Commercial Loan Update for February 2012

Great rates on both 5 year and 10 year fixed loans.  5 YEAR fixed money at 4.80%, 10 year fixed money at 5.78%. Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing. Here are a few … Continue reading

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Commercial Lending A+ Borrower Program

 

Posted in Commercial Real Estate, investor financing, Medical Financing, Mixed-Use, Multi Family, SBA 504, Stated Commercial, Uncategorized | Tagged , , , , , , , , , , , , , , | Leave a comment

Commercial Mortgage Updates For January 2012

Happy New Year! CRE rates continue to be low. Great rates on both 5 year and 10 year fixed loans. 5 YEAR fixed money at 4.95%, 10 year fixed money at 5.90%. Please note, all owner-user conventional loans are now … Continue reading

Posted in Bridge Loans, Commercial Real Estate, investor financing, Multi Family, SBA 504, SBA 7A | Tagged , , , , , , , , , , , , , , | Leave a comment

Commercial Loan Updates for August 8th

Rates are down again!!! 5 YEAR fixed money at 5.25%, 10 year fixed money at 6.47%. Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing. Here are a few program highlights: Owner-user and Investor CRE programs … Continue reading

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The 4 Most Common Commercial Mortgage Mistakes-Mistake 4

Mistake #4: Loving the deal and ignoring common sense. The Bible says, “Pride goes   before the fall”. I have seen people try to buy a piece of property and lender after lender turns it down because the value is not … Continue reading

Posted in Commercial Real Estate, Hotel Financing, Interest Rates, investor financing, Real Estate News, SBA 504, SBA 7A | Tagged , , , , , , , , , , , , , | Leave a comment

UNDERSTANDING COMMERCIAL MORTGAGES-THE WHY

WHY? WHY invest in commercial real estate then? If the loan criteria are tougher, and the deals take longer to close-why not just stick with residential investing? Because, commercial properties are much lower maintenance properly managed. You can rent them … Continue reading

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The 4 Most Common Commercial Mortgage Mistakes-Mistake 3

Mistake #3: Too little shopping early on, too much shopping later on. Customers decide to refinance or purchase a property and go down to their local bank where their savings accounts are and apply. They don’t shop around and compare. … Continue reading

Posted in Commercial Real Estate, Interest Rates, investor financing, Multi Family, Real Estate News, SBA 504, SBA 7A | Tagged , , , , , , , , , , , , | Leave a comment

UNDERSTANDING COMMERCIAL MORTGAGES-THE WHAT

WHAT? What takes commercial deals so much longer than residential loans to close? Rare is the commercial loan that closes in less than 1 month and the rate for those quick-close deals is much higher. Small commercial loans will usually … Continue reading

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The 4 Most Common Commercial Mortgage Mistakes-Mistake 2

Mistake #2: Thinking only rate, rate, rate! The lowest interest rate is NOT necessarily the best deal for commercial property. Amortization is just as important. Amortization is the length of time the payment will be factored over, the longer the … Continue reading

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Multi Family Bridge Loan-Updated 5/17/11

23 Ventures is pleased to announce a new bridge finance product for multifamily properties. The program will provide first mortgage financing for properties located in strong markets with excellent sponsorship, significant experience and verifiable liquidity and will be underwritten to … Continue reading

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