Tag Archives: Massachusetts

Commercial Loan Program Updates for July 2011

Commercial Loan Updates for 23 Ventures CRE programs  for conventional, SBA and multi-family. Rates stayed about the same from last week. Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing. Here are a few program highlights: … Continue reading

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Updated Commercial Loan Programs for June 2011

Here is some update info on our commercial loan offerings NEW * Commercial Construction up to 75% LTC- Extremely Competitive Rates * Commercial Conventional Loans 75% LTV * Private Money Rehab/Developer Loans-Call for Details Here are a few of other … Continue reading

Posted in Bridge Loans, Commercial Real Estate, hard Money | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

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

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

Opportunistic transaction Lending-Less than 2 Week Hard Money

23 Ventures is a locally owned private hard money Specialist (along with our other commercial products).  We specialize in opportunistic transactions arranging equity based investment property loans that cannot be handled by traditional Lenders due to time constraints, deal complexity, special circumstances … Continue reading

Posted in Christopher Hills, Commercial Real Estate, hard Money | Tagged , , , | Leave a comment