Testimonies
- M. Cohen, Los Angeles, CA
I can't thank you enough really. You were incredibly helpful, always answered my questions promptly, and were easily accessible. In fact, Rand, your service was probably better than any service I've received by any individual representing a company in years. I don't know how you manage to do it... Keep up the good work, and expect to hear from me next time I need loan services. Thank you VERY much.
- R. Kerr, Angels Camp, CA
I must say, I was extremely happy with your service. Your dedication to getting me a loan far surpassed anyone I've worked with in the past. Your relentless search payed off for me and I think you for the effort. You're the pitbull of brokers. You were easy to deal with and never made me intimidated in the process. Your persistence really helped me to "dodge a bullet", so to speak and I'll be forever grateful.
- E. Hernandez, Commack, NY
I want to thank you for all the work you did to get me this loan. You were honest, upfront, and always responded back when I had questions. I will refer you when ever someone is seeking a loan.
- E. Shadek, La Jolla, CA
Your service was eminently satisfactory. You were professional and communicated very well. You helped me out when I was in a bind.
Success Stories
True Story - Commercial Loan Success
A client called me and wanted to refinance his commercial loan to a lower payment... More...
His current payment was about $10,000 per month. After we studied the different loan options he chose a 7.125% 10yr fixed that rolls to an adjustable during the remaining 20yrs. Prior to closing I was able to get the underwriter to shave off a little more of the rate so we funded at 6.875%.
His new monthly payment is $5100. This payment and new loan included giving him $200,000 in cashout to take care of property improvements and give him extra money to take care of some other matters. He was very happy
True Story - Rehab Loan Success
Richard was 3/4 complete with construction, but out of money... More...
He called us in a panic. The lender he was using ran out of while he was over half way through with the construction. He was stuck, his credit had become bad, so no other lender would help him.
We quickly reviewed his situation, he couldn't go full doc because he was a self employed contractor. His credit scores was 564. Fortunately he did have equity in the project. It was a spec house on 40 acres in Northern California, unfortunately it was rural. He tried many lenders but none would help him because, incomplete construction, stated income, 564 fico, rural, etc...
We issued him a $300,000 new 1st mortgage this loan was a 12 month term. That fixed his problem real quick. Upon receiving the money, he started back on the project, and now he is marketing the house to sell. He is also looking for his next project and knows where to get his financing
Stated Commercial Loans
Although most of the commercial mortgage lenders have stopped funding stated income loans, we still have many programs from our wide array of underwriters. If you need stated commercial loans, we may be able to fund your request. Below are some basic details:
- Stated Income/Verified Assets - We state your income [we don't verify income], we verify your assets [your bank acount, investments, 401k, IRA's to verify that you have cash reserves] underwriters like cash reserves, it shows you have the ability to save and assures the underwriter you have cash on hand to make future payments, if you have income problems.
- Stated Income/Stated Assets - We state your income [we don't verify income], and we state your assets [we don't verify your bank accounts, or investments, 401k, IRA's].
We look forward to helping you accomplish your commercial real estate loan needs, dreams and goals.
Previous page: Stated Income Loan
Next page: California Commercial Loan