Private Lender……………

Greeting My name is Mr David Hellekson I am a private lender currently lending at 5% interest rate for a maximum duration of 25 years, if you are interested in a loan, kindly write me at this email or call me on (713) 909-3464 (please Seriously minded clients only ). David Hellekson davidhellekson45@gmail.com Continue reading Private Lender……………

Why a Commercial Loan from the Bank May Not be your Best Commercial Loan Deal after all!

According to Walt Trock, Senior Partner at McMann Commercial Lending that low commercial bank loan rate can come with some strings attached that in the end may prove to be more expensive to the loan applicant than just the low bank rate.   For instance with a bank loan you may be asked to do one … Continue reading Why a Commercial Loan from the Bank May Not be your Best Commercial Loan Deal after all!

What is the difference between a Commercial Term and a Bridge Loan?

According to Walt Trock, Senior Partner at McMann Commercial Lending, a Term or Permanent loan is a first mortgage on a commercial property with a term of at least 3 years or more which has a matching or greater amortization repayment schedule. The most common amortization schedule for commercial loans is 25 years.   Basically, a … Continue reading What is the difference between a Commercial Term and a Bridge Loan?

Where Does the “Hard” in Hard Money Commercial Loans Come From?

According to Walt Trock Senior Partner at McMann Commercial Lending traditional bank loans are dependent on a multitude of documentable factors, including the borrower’s income, credit, tax returns and deposit accounts.  The bank usually requires minimum Credit Scores of 700 or above and they can take months to close.  Conversely, with a commercial hard asset … Continue reading Where Does the “Hard” in Hard Money Commercial Loans Come From?