Category Archives: Commercial Loans

Economy Watch: Residential Delinquencies Jump; Most Housing Markets Worse …

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Economy Watch: Residential Delinquencies Jump; Most Housing Markets Worse …
According to LPS, the states with the highest percentage of non-current loans — delinquencies plus foreclosed properties that haven't been place on the market — are Florida, Mississippi, and New Jersey (with Nevada in the fourth slot). The states with …
Read more on Commercial Property Executive (blog)

Shorten's flexible approach gets tick from finance sector
The cap on costs appropriately balances consumer protection while still allowing lenders a return that is commercial.'' But the industry was delighted as Shorten had acknowledged the role the pay-day lending sector played in ''ensuring that vital …
Read more on The Age

BB&T Commercial Real Estate Unit Buys Calif. Lender
Grandbridge Real Estate Capital, a wholly owned subsidiary of BB&T (BBT), is buying Dwyer-Curlett & Co., a commercial real estate finance firm based in Los Angeles. The deal, announced Monday, would give Charlotte-based Grandbridge three offices in …
Read more on Bank Technology News

Customers to enjoy cheaper credit as banks cut interest

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Customers to delight in cheaper credit as banks cut interest
Borrowers are likely to see the full cut in the Central Bank Rate reflected in their cost of borrowing after some commercial banks reduced their prime lending rates by Bank of Uganda's margin. Banks including Standard Chartered have cut their lending …
Read more on Daily Monitor

Small business lending rises for second straight month in August as owners …
A survey released Monday shows that they borrowed more money during August — a sign that business owners are becoming more confident about the economy. The survey by PayNet, a research firm that tracks loans to small business, shows that lending …
Read more on Minneapolis Star Tribune

Commercial Loan Rates 09-06-12

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5 Year Fixed from 3.35% 
7 Year Fixed from 3.65% 
10 Year Fixed from 4.15%
> Loan Amounts up to $25,000,000
> Interest Only Options / Non-Recourse
> Nationwide / Assumable
> Buy & Refinance

 
7 Year Fixed from 3.95%

> Loan Amounts up to $25,000,000
> LTV up to 75-80%
> 25 Years Amortization
> Buy & Refinance

 
SBA 504 & 7(a) Programs

> 90% Laon-to-Cost Financing
> Incredible Fixed Interest Rates
> Longer Amortizations

 
Rates Starts from 8.9%

> Loan Term 1-15 Years
> LTV up to 65%
> Fully Amortized or Interest Only