Category: Hard Money
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Lender Testimonial October 8, 2009
We recently met with Joe Tufo, working on a cross-collateral cash-out deal in CA. It was quite complex involving 1st & 2nd lien positions blanketed over 4 separate parcels. Joe was very thorough in providing a complete overview of the file including all of the needed information for us to finance this project. He went…
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$300,000 Hard Money Loan Approved – Read The Details
Here’s a real deal: The General Terms are as Follows: Estimated Loan Amount: $300,000.00 Collateral Description: SEE ATTACHED EXHIBIT “A” Loan Term: 5 Year I/O. Interest Rate: 9.500% interest only. Buy down Option: 7.500% interest only (add 1% to loan fees) Prepayment Penalties: N/A Payment Reserve: N/A Broker Fees: 2% Loan Fees: 1% plus applicable…
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Distressed Debt and Workout Solutions
DISTRESSED DEBT Eugene and GCREC are uniquely positioned to provide the capital you need for the purchase of discounted or distressed notes. Eugene’s Discount Capital Partners are exclusively focused on the acquisition of discounted debt on well positioned properties and have invested over $1.4 billion dollars into these types of transactions over the last 2…
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AVAILABLE PROGRAMS: Commercial
Eugene is a new vendor of ours. Read what he offers. AVAILABLE PROGRAMS: Transaction Types: Fixed and Variable-Rate Mortgages Senior Secured Debt Mezzanine Debt Hard Money Bridge Loans Equity Structures Credit Facilities Property Types: Multifamily Apartments Office Buildings Retail Centers Industrial Properties Hotels/Motels Medical Facilities Self-Storage Facilities Senior Living and Care Facilities Mixed Use Properties…
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NYC Bridge Lender Submission Check List
General Submission Checklist: The following is a list of items required to process your commercial loan. The more of the following information you can provide, the faster wel can react to your loan request. Property Information: Brief description of the prospective mortgage loan request, including: Desired loan amount, estimated current as-is value of property, estimated…
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We offer access to dozens of direct hard money lenders in California.
We offer access to dozens of direct hard money lenders in California. We serve all of the main metropolitan cities in California, including: Bakersfield, Chico, Oroville, El Centro, Fresno, Los Angeles, Long Beach, Glendale, Madera, Modesto, Merced, Napa, Oakland, Fremont, Hayward, Oxnard, Thousand Oaks, Ventura, Redding, Red Bluff, Riverside, San Bernardino, Ontario, Sacramento, Roseville, Salinas,…
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Commercial Hard Money Loan Programs
The #1 Commercial Hard Money Loan Programs Hard Money Bridge Loans A bridge loan is a short-term loan which bridges the Borrowers plan from one point to another. The bridge loan is useful when a Borrower only needs financing for a short time frame where a long-term fixed rate loan does not make sense. A…
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Commercial Hard Money
Commercial hard money is a loan issued to a business by another business. Collateral can take the form of a commercial property or residential investment property. As a means of receiving additional collateral for the lender a blanket mortgage can occur in which the loan is secured against a residence in conjunction with a business…