Have the standards for securing a Commercial Loan changed as the home mortgage loans?
Is it going to be more difficult to secure a 800K Commercial Building loan than say 6 months ago? I will be in the market for that kind of loan in the next week or two and haven't a feel for the market right now. by j_tyler from Los Angeles, California. Jul 11th 2011
MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions
hi: I do lend commercial loans based on equity and entire scenario if it makes with credit not being a factor. we can try to lend up to highest ltv also ...call to discuss (Mike 703 505 5300) mconvin@stconvininc.com
Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions
Things are about the same. There is no way to get a "feel" of the market without initiating the loan process.If you would like to discuss your situation in detail, please contact me.Happy funding, Rudi
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