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Commercial Lending Conference

March 11th, 2008 | No Comments | Posted in Commercial Mortgage

This week I’m at a commercial lending conference for brokers at the Lake Lanier Islands Resort just north of Atlanta, Georgia.  It has been, and should continue to be a great event.  There are dozens of banks and other lenders here to provide training on commercial lending as well as their specific products and niches.

In addition, I am here with my business partner to launch our new leasing and equipment finance company, CRC Leasing.  With over 200 commercial brokers here, we have already attracted alot of interest. 

97% LTV Commercial Purchase

January 3rd, 2008 | No Comments | Posted in Commercial Mortgage

I’m pretty excited about this one…

I had a client that wanted to purchase some light industrial space for his business that he was currently renting.  He was approved by his local bank, but they required 30% down, which was more than he was comfortable with.  The client asked me to find him a loan with a lower down payment requirement, and after some searching, I was able to get him approved for purchase with just 3% down (and this was not and SBA deal).