The
Best Database of Commercial, Private, and Hard Money Sources Available
ARE
YOU AT THE END OF YOUR ROLODEX?
TIRED
OF INTERNET SEARCHES THAT PRODUCE NOTHING?
NEED
TO GET YOUR PROJECT FUNDED?
NEED
TO JUMPSTART YOUR BROKERING BUSINESS?
Just the facts on over
325+ lenders based on our 9+ years of commercial loan consulting and
research.
If you are trying to use free directories, websites, loan posts,
forums, or web based products - then you are
using a paid-for, advertising based product. Those lists are garbage as
they are there to help the ADVERTISERS not the brokers! Also, they DEPEND
on the lender (or AE) participating on the other end - that model does NOT work
to produce results - only useless dialogue.
Our database gives you
the chance to go directly to the money
sources, and not depend on them to come to you (as is the case on message
boards, or a web based interface).
This is NOT a search portal that attempts to match scenarios
with lenders or a useless "loan post" board. This is NOT an advertising supported platform that
re-directs you to other websites.
This is an actual
physical database and directory that you take possession of. It is yours to
keep, modify, change, sort, add or delete information. This database is updated
on a monthly basis, so it is current.
If you are a mortgage broker (or
lender) this database is a MUST-HAVE.
CommLenderQuest does NOT place
lenders in this directory based on advertisements - NO MONEY is received by
CommLenderQuest for inclusion in this directory.
Our 320+ direct lenders
each have their own niches including hard money, private lenders, church loans,
blanket loans, multifamily, office, retail, construction, A&D, land loans,
bridge loans, rehab lenders, and more...
GROW (or start) your
business as a commercial or private money loan broker!
Please continue to read
below for more information. Here is a small sample of some of the niche type lenders
that were recently added to our database in the past few months.
LOOK
BELOW AT SOME OF THE RECENT LENDER PROFILES RECENTLY ADDED
**** UPDATE November 24 - New
Lender Summaries and Notes Added for Current Edition
Texas based private commercial real
estate lending company dedicated to financing short-term asset based
loans. Land and all Commercial properties in Texas and Oklahoma
considered. Max 65% LTV - Interest Only Payments - 100K - 2.5M is the
desired loan range. Also buying existing distressed or non-performing
notes.
______________________________________________
A full service private equity lender
providing outstanding high yield investment opportunities for investors
that want diversity and the safety of real estate backed investments.
Platform provides servicing in house of all loans and common sense
approach to all loan scenarios. Our commercial division can fund raw
land (metro areas), apartment buildings, mixed use and 5 plus
residential. We can also offer cross collateralizing for difficult loan
scenarios. California, Florida, Oregon Washington and Arizona.
________________________________________________
Specialize in lending short term money
to real estate investors who buy, fix up and sell residential properties
in the Houston TX and surrounding areas. Asset based lenders who will
loan up to 70% of a properties ARV (after repaired value) and can
normally close within 72 hours of receiving title commitment and
appraisal. Loan terms usually 6-12 months with extensions available.
Commercial and income properties also considered but not a primary focus
_____________________________________________________
SBA, Conduit, and A-Paper portfolio
commercial loans. $100K minimum for portfolio loans and $250K for SBA
programs. Pays up to 2% YSP to brokers for SBA and USDA loans. Also does
financing solutions for medical practices including equipment and
startup.
**** UPDATE October 14 - New
Lender Summaries and Notes Added for Current Edition
The nation's leading Golf related
lender and loan servicer - lending every aspect of golf finance from
land and facility acquisition to construction, expansion and
refinancing. Golf course construction, Golf course acquisition, Golf
course refinancing, Debt consolidation, Golf facility expansion, Golf
club membership financing, Golf loan/portfolio servicing.
______________________________________________
Private portfolio lender providing
financing for the construction of single-family homes. Directly fund and
service short-term residential construction loans. No long term
financing - only construction draws. Owner Occupied and Non-Owner
Available - lend in 30+ states. Will also consider completion loans
where most banks will not. SISA programs available in certain cases.
________________________________________________
Direct lender and servicer of Florida
hard money loans up to 60% LTV. Hi-rise condos are OK. Foreign
Nationals, Purchase, Cash-out, Residential, Commercial, Investor, Owner-Occ.
As low as 50K - Make sense loans - must call directly for details..
_____________________________________________________
Direct private hard money and loan
lender in California - Provides equity based lending and loans for real
estate property and sub prime money borrowers who do not meet the
stringent requirements of conventional underwriting guidelines. SISA
programs up to 60% available. All property types and scenarios
considered. 1st, 2nd, 3rd trust deeds OK - cross-collateral OK.
**** UPDATE September 4 - New
Lender Summaries and Notes Added for Current Edition
A recognized leader in providing church
mortgages, church loans and school financings, as well as financing for
non-profit organizations. Serve some of America's largest ministries as
well as many schools, colleges and universities. Bond offerings, Letters
of Credit, and Tax Exempt Financing as well. Also have a medical
division doing hospitals, healthcare facilities, senior living, and
renewable energy. Over $4 billion underwritten in last two years.
______________________________________________
Specialize in financing the acquisition
and remediation of contaminated at-risk land parcels commonly known as
brownfields. Set-up to work with brokers, borrowers, and state
regulators in efficiently and comprehensively assessing the various
environmental risks and issues. Have evaluated projects with nearly
every imaginable form of contamination, including exotic contaminants
such as Unexploded Ordinance (UXO) or Munitions and Explosives of
Concern (MEC). Examples of land contamination challenges we have
encountered include:
• Petroleum Hydrocarbons • Pesticides/PCBs • Cyanide Wastes • Flammable
Solvents • Asbestos • Landfills • Mining waste • Underground Storage
Tanks • Priority Pollutant Metals
________________________________________________
Direct portfolio bridge lender - Small
Bridge Program $25K - $2M up to 65% LTV up to 100% CLTV possible - Jumbo
Bridge $2M - $50M up to 80% LTV up to 85% CLTV possible.
No land, development or ground up construction. Also buys distressed
assets and notes - including builder close-outs, unfinished build-outs,
REO's from individuals and institutions.
_____________________________________________________
Northeast US, Eastern Seaboard, and
other Major Metro Areas. $200K - $10M - 6 months - 2 years, Interest
Only, 7%-14%
First Mortgage, Second Mortgage, Assignment of Equity or General
Partnership Interest, Preferred Equity -- Non-Recourse is possible -
Commercial Only. Design financing program to achieve stabilization.
Lending division of one of the largest privately owned property owners
in the US.
**** UPDATE July 14 - New
Lender Summaries and Notes Added for Current Edition
Florida state wide mortgage lender
specializing in loans from $200,000 up to $4,000,000. Portfolio lender -
in-house decisions - all scenarios considered (including blanket liens
and partially completed construction) except raw land and ground-up
construction. Loan programs that can be fixed up to five years with
amortization schedules up to 30 years. Offer programs with interest only
payments for three years on owner-occupied and investment owned
properties. Flexible underwriting, can offer alternatives to the “fully
documented” methods of most traditional lenders.
______________________________________________
Offers bridge, mezzanine and preferred
equity financing - generally $2M and up. Niche is re-positioning
cash-flowing properties that are not up to potential. Could go up to 90%
of "as-is" with income properties with an exit strategy of 75-80% at
1.20 DSCR with bridge program. Will consider mezzanine positions up to
90% as well. No land or special use at this time.
________________________________________________
The flexibility and personal touch of a
small bank coupled with the resources of a large money-center bank.
Provide credit facilities such as Acquisition, Development/Construction,
Refinancing and Repositioning for transactions throughout California and
the Western States including:
Also offer specialized financing for sophisticated developers and
investors for projects such as:
Syndication on Large Projects
Master Development Credit Line Facilities
Retail Box
Gas Station & Mini-Mart Service Stations
Tract Homes
Community Redevelopment
Affordable/Senior Housing Development
Tax Credit Projects
_____________________________________________________
Private commercial lender with the
ability to close and fund deals quickly.
$1M - $25M for Existing Commercial Properties - up to 75% LTV - 3 month
to 3 year terms
Development Loans starting at $10M - Non Recourse - No payments during
construction - 15% Equity required to be considered
UPDATE ON EXISTING
LENDER - Suspended Taking Applications
UPDATE - THIS LENDER
HAS STOPPED ACCEPTING NEW APPLICATIONS FOR THE TIME BEING -- Rates with
terms as long as 25 years – LTV as high as 90% - Financing for Hotels,
Motels, Gas Station & Convenience Stores, Assisted Living Facilities,
Dry Cleaners, Start-Up Business, Restaurants, Child Care Facilities,
environmentally challenged properties
**** UPDATE June 22 - New
Lender Summaries and Notes Added for Current Edition
Direct Lender and servicer since 1998
in CA, OR, WA, TX currently. The assets we underwrite trust deed loans
on are condos, multi-unit residential (non-owner occupied), entitled
lots, commercial buildings, unimproved land, and non-owner occupied
single-family residences. Loans include purchase money loans, refinance
loans, construction loans, rehab loans, and bridge financing loans. We
do not underwrite unsecured business loans or personal loans. Loan
programs typically fit the following criteria
Interest-only payments with a balloon payment at maturity
Fixed rate
12- to 36-month term
First- or second-deed position only
50% loan-to-value (LTV) on land
65% LTV on commercial
75% LTV on residential
Personally guaranteed by borrower
No covered loans
No owner-occupied loans
______________________________________________
We provide construction and interim
loans, permanent mortgage finance, equity capital and investment banking
nationwide. We finance over $20 billion annually through offices located
in 36 major U.S. markets. Let us help you acquire, develop and/or
refinance your commercial and residential property. Very big player in
the medical/hospital/healthcare field starting at $3M. All income
producing commercial property types considered - other financial
services including debt, equity, and mezz structures - also and
note/debt investment available starting at $1M
________________________________________________
Through our Structured Financing
Programs, customers may obtain up to 100 percent financing for equipment
and installation. No down payment is required. Our Program allows you
the flexibility to:
Select the equipment and manufacturer
Use the equipment
Retain working capital during the lease period
Purchase the equipment at the end of the lease
We offer an array of traditional,
specialty, and tax-exempt financial products tailored to meet the needs
of Vendors and Suppliers and their End-User Government and Commercial
customers.
Direct bridge lender based in NY
metro area. Nationwide lending 500K-$20M. We provide capital to
borrowers who are experiencing liquidity constraints, as well as those
who are looking to take advantage of time-sensitive opportunities and by
enabling our borrowers to capitalize on opportunities that have arisen
within the commercial real estate market during the downturn. 1-3 year
terms, up to 75% - Acquisitions - Refinancing - Upgrading - Repositioning
- Cash Out Purposes
UPDATE ON EXISTING
LENDER - Phone Number and Guideline Change
Update June 09- Local
Hard Money lender that concentrates on VA, MD, DC area. Hard Money Loans
for Real Estate Investors --- Residential / Commercial / Land / New
Construction - 6-12 month balloon - no prepay - uses 50% ARV for
properties that need repairs. Also will consider joint venture for land
development deals. Small Residential Construction parameters -Up to 50%
LTV of Completed Value of Property - Up to 50% of land value - Up to
100% of construction costs
**** UPDATE May 7 - New
Lender Summaries and Notes Added for Current Edition
Specialty real estate finance company
focused on originating short term first mortgage bridge, mezzanine and
construction loans, and in limited cases investing preferred equity in
real estate projects. Typical deals range in size from $1 Million to $15
Million and are for a term of 12-24 months. For our senior loans we will
finance up to 65% loan to value and our mezzanine loans we will finance
to 80% loan to value. Rates as low as 10% - Interest Only - Most
property types considered.
______________________________________________
A partnership of credit unions across
the country that fund commercial real estate loans. Offer the
flexibility in terms you expect in a small community bank with the
lending power of a large national financial institution. Our network of
participants allows us to fund loans from $500,000 to $10,000,000 in a
process that is seamless to your client. Rates range from 6.50% -7.50%.
No single tenant, restaurants, gas stations or special purpose. We can
lend in most states and can do loans from $500,000 up to $10,000,000 -
Up to 30 year amortization with no prepayment penalties. Works with
brokers and protects agreements. Office, Retail and Industrial
properties, Self Storage, Hospitality, Multi-Family, Owner Occupied,
Healthcare. If the deal makes sense, we can fund it.
________________________________________________
Commercial, Multifamily, Construction,
Hospitality, SBA and more. Up to 90% CLTV. Minimum 500K loan amount.
Also works with banks/lenders to refinance loans that they want off
their books. 80% max for cash-out. Generally like to see stabilized
properties. YSP available on some programs.
A direct lender that originates
high-yield bridge loans, mezzanine loans, and invests directly in real
estate through preferred equity investments with qualified local
partners throughout the United States. Specializing in small-medium
balance debt opportunities ($1,000,000 - $15,000,000) and select joint
venture equity participations with owners, operators and developers
throughout the nation.
Near-term closings possible (2-3 weeks)
Up to 80% LTV
Commercial property, land acquisitions and refinance
Renovation and Rehab Loans
Loan terms from 6 months-3 years
Distressed/Opportunity Purchases
Update - May 09 - 70%
Max LTV - but restaurant/auto/churches/non-profits getting done at 60%.
Adult entertainment OK. No Gas Station, No ALF, No Land. Quick closes
for full files usually around 20-25 days. Loan amounts 100K-400K - no
ohio, no michigan right now. Cash-out is OK.
**** UPDATE - April 3 - New
Lenders and Notes Added for Current Edition
Direct Lender since 1996 - Current Hot
Spot is Colorado income producing property - although they have done
construction and land in the western United States in the past. $500K -
$3M -- Website and product info has expanded guidelines (up to $10M) -
but currently focusing on Colorado.
______________________________________________
Direct Lender - 1-4 unit residential
properties - Most of Western US (licensing map on website) - 55% LTV Max
- need to show some form of ability to repay - 3 months bank statements
are OK - all loans are 5/25 - No FICO requirements - 50% DTI - NOO and
Primary Allowed - BK/FC Bailout OK
________________________________________________
All of New England -$25K to $5M -
Business or Investment Purposes Only - Will consider 1st/2nd liens,
acquisition, construction, note buyouts, lines of credit. Additional
services include - Distressed Project Repositioning, Bankruptcy and
Foreclosure Prevention and Workouts, Partnership and Estate Buyouts,
Vacant and Non-income producing properties, Tax and other Lien Removal,
Debt Consolidation. Generally 60% LTV - exceptions up to 70% - terms
3-24 months.
Portfolio Lender on Multi-family
Properties - Local Decisions
Low, fixed interest rates.
Loans from $250,000 to $5 million and greater.
10 year terms with up to 30 year amortization
Quick closings and lower closing costs with minimal third-party reports.
Financing for manufactured housing parks and mixed-use properties.
WA, OR, ID, NV, UT, AZ, NM, TX
We are still lending -
At this time we are only looking for purchase deals - 60% LTV - Hard money
type transactions from $200K on
commercial and $100K on residential. Blanket loans
are still being considered - $2M max and 55% LTV - No Credit Score
Requirements. Max loan amount is $1M for Residential and $2M Commercial -
If you can prove some sort of income - we will be very competitive.
New Lenders Added March
09
Hawaii - 65% - will consider land at a
lower LTV
______________________________________________
California Only - Loan Amounts as low
as $5K - Direct Private Lender - Generous Referral Fees to Brokers and
Banks
________________________________________________
ALASKA - Customized Commercial Loans -
Amounts from $100,000 to $15 million - Terms from 3 to 20 years -
Interest rates vary according to risk - Joint financing with banks
allowed
Potential for equity investments in new or rapidly growing businesses
with great growth potential. A clear exit strategy is required.
Small balance commercial and
residential lending in Ohio. Up to 70% - also does rehab projects for
investors. NOO - only. Brokers protected AND pays referral fees… Buyer
must put at least 20% down.. 1st lien only - NO MINIMUM LOAN AMOUNT
New Lenders Added Feb
09
Small portfolio California lender -
30K-150K. Does 2nds and HELOCS. California Only - 65% LTV -
accepts cross collateral also. Commercial and residential properties.
Privately funded with full control over
approval. Rates currently at 10-13% and 3 pts but subject to change.
Specialize in A&D and Construction. Will consider international projects
through strategic partnerships. Also has a line of oil and gas
products/specialty - sells crude oil directly.
____________________________________________
Loan amounts $10K-$4M - California Only -
Sells investments in trust deeds as well. 1st, 2nds, 3rds, 4ths… All
property types - churches, gas station, automotive, hotel, land ,etc…
Great for small deals.
Nationwide - loan amounts from $25K -
based upon the value of the real estate or collateral anchoring the loan
without regard to the borrowers income, employment, assets, credit
scores or tax returns. Offer 30 year fixed, 10 year fixed, and 5 year
fixed amortization schedules. Interest only programs and some 2-3 year
arms are available as well. All property types looked at.
New Lenders Added Jan
09
Direct Hard Money --- Does
Residential in KY, OH, FL, IN and maybe others around KY. Will consider
commercial properties in KY and FL as well… Good outlet for smaller
loans (50K) that most lenders won't touch in those areas.
Local Hard Money - Concentrates on
VA, MD, DC area. Hard Money Loans for Real Estate Investors ---
Residential / Commercial / Land / New Construction - 6-12 month balloon
- no prepay - uses ARV for properties that need repairs. Also will
consider joint venture for land development deals.
Bank type financing without the
red-tape. $1M-$15M up to 80% LTV. Bank/Conduit type rates with
flexibility on prepays, recourse, defeasence, escrows, etc… Owner
Occupied Allowed, Short/Long term leases allowed. Various fixed terms
and amortizations. Written commitment to fund in 15 days of completed
loan package.
Has assisted real estate
developers, builders, and mortgage brokers in the northeast region for
more than 35 years. Direct lender - six months to three years. Over 35
years of Professional Service -Loans from $100,000 to $5,000,000 -Land
Loans -Land Acquisition and Development -Single Family Construction
-Multifamily Construction -Subdivisions -Townhouse developments -Condo
Conversions -Cash Out (no primary residences) -DIP Financing -Bridge
Financing
New Lenders Added Dec
08
Local Hard Money - Wash DC, VA, MD $500K minimum - NJ,PA,DE,WV - $2M
minimum - Commercial and non-owner occupied only. No upfront fees, good
rates, no prepay - no appraisals - brokers always protected.
Mostly Residential Rehab - can go over 70% ARV - Good, informative
website. Need 600 scores and three months reserves but very
borrower/investor friendly. Concentrated in Atlanta but considers
Alabama, California ,Florida ,Georgia, Illinois, Indiana, Kansas,
Maryland, Minnesota, Mississippi, Missouri ,North Carolina ,Oklahoma
,Tennessee ,Texas ,Washington as available states
New Lenders Added
Nov 08
Florida based Private Lender - Commercial/Multifamily - all of
Florida LTV 65% -- Residential in select areas of Florida (Dade,
Broward, Palm Beach, Rolando, Jax, Tampa/St. Pete, Naples, Monroe). Up
to 60% LTV. Collections, BK, Cash-out, Foreclosure, Flips/ARV - All OK.
Simple matrix available.
Private / hard money lender based in XXX XXXX, Texas with more than
25 years experience in the mortgage business. Direct private / hard
money lender with full underwriting authority and service 100% of our
loans. Loan approvals have emphasis on EQUITY, not credit and income
documentation. Lend on properties in Texas, primarily in the Central and
South Texas areas. Fixed Rates available - $50K - $500K - higher on an
exception basis.
OVER 300+ More Lender
Profiles Like the Examples Above
We have solved half
the equation to being a successful commercial and hard money mortgage broker.
We’ve got the
direct money sources, in an easy to use database with all of the essential information
that you will need.
This database will allow you to become a go-to
source who knows how to get deals done. Easily add to your income by
having other brokers call YOU to get their commercial, private money, of hard
money loans placed.
Do have a commercial loan that you are tired of
shopping around and searching on the internet looking for a direct lender THAT
SPECIALIZES in that property type or scenario?
Are you new to this business? This resource will
put you way ahead of your competitors - even those who have been in business for
years. It's an easy transition from residential (dead) to hard money
and commercial.
Are you tired of looking through 'free' directories that
are nothing more than sponsor driven re-directs - or simply phonebook listings.
When you search for "hard money lenders, or commercial
lenders in Texas" -- what do you get? Actual lenders? NO, you get
advertising websites or search portals that REDIRECT you to the same
websites.
We have done all the work – our combined 25 years of
commercial real estate experience has allowed us to have a
comprehensive database of over 325+ commercial, hard
money, and private lenders. THIS IS NOT A SPONSOR OR ADVERTISING DRIVEN
DATABASE. Those lists are garbage because they highlight and glorify the
advertisers and do not help you close loans! Most of the time it's an AE
that is paying for the advertising, not even the parent company!
SPECIAL ADVERTISER SECTION
The
advertisers below may NOT be included in our proprietary
database. They are paying for their listing in this section
because of the focused traffic that this website generates and they know
that MOST brokers will jump at the chance to try any 'free' links.
Inclusion in the database is an entirely separate process as repeatedly
stated above and is in NO WAY connected to any paid advertising. CLQ makes no endorsements on their behalf, you are
urged to do your own due diligence. If you are interested in
advertising in this space - please contact us below.
PRIVATE FUNDS AVAILABLE
EQUITY-BASED DIRECT
LENDERS:
Currently
Targeting -
Existing
Properties in California, Ohio, DC/Virginia Area,
Florida and NorthEast. Construction and Development
Nationwide. Transactional Funding Available
for Simultaneous Closings - Nationwide.
Common Sense
Bridge Loans - Starting at 8%
Buying
Property for less than Appraised Value - Use the
Equity for a partial down payment.
EASILY BORROW UP TO
$1 MILLION
IN
LESS THAN 7 DAYS WITH NO CREDIT
CHECK, NO
COLLATERAL, NO
PROOF OF INCOME, NO
INTERESTS FEES, AND ABSOLUTELY NO
TURNDOWNS.....100%
PAIN FREE!
Over $10 MILLION
in loans PAID out in 2008 with PROOF!
That's a tough one but we have some LENDERS that will consider it! Those lenders alone could be worth tens of
thousands in commissions! And some AREN'T Hard Money Lenders - they are BANKS!
Have a land
loan?
We
have over 45 lenders that will consider land.
What about a church
loan?
We
have another 25 that will consider churches.
What about a lender
that will use alternate collateral - like planes, yachts, notes, or securities?
They are in the database as well.
Including several that will do stock loans in lieu of a down payment!
Need a lender that
specializes in import/export financing, letters of credit, and receivables - in
Central/South America?
There are a handful of them
and they are in the database.
What about a
lender that only does small motel/hotels ($200K - $2.5M) in the midwest?
YES - there is one!
How about a bank (that works with brokers) in the Northeast that acts like a
hard money lender - with programs like this --- NO PROPERTY SEASONING required.
We can lend on FULL APPRAISED VALUE - even on a purchase - blanket loans
available, family transfers OK --- DE,FL,MD,NJ,NY,PA...?
Full appraised value and
BLANKET loans - take that lender program to the next real estate investment club
meeting and see how many clients you get.
What about some lenders that consider alternate projects - like film/movie
production?
Got a couple and they are in
the database.
What about a private lender that will do 2nds, - even 3rds - and yes -- 4ths?
We have many that do 2nds -
and one that does 3rds and 4ths!
Want to 'win' a church deal - how about offering them a loan where the
parishioners can buys bonds (and earn interest) to finance their own church? Pay
interest to the bank or to your own members?
Its a win/win and we have the
lender(s) that will put it together!
What about lenders that specialize in gas stations, used car lots, car
washes, and car wash equipment?
Talk about a hard to fill
niche. They are in the database.
What about properties with environmental issues?
Yes - there are lenders that
SPECIALIZE in environmentally challenged properties.
What else is there?
Hard money, SBA
Specialists, Medical Offices, Construction,
Stock Loans, Factoring, Unsecured Lines of Credit, Joint Venture, Equity
Partners, Stand by Letters of Credit, Energy, Drilling Rigs, Precious Stones,
etc... --- they are in the database also.
Why is our database different than you see from all the other sources?
It comes in an easy to use and sortable excel format -- not a PDF
-- the database becomes yours to modify, sort, add notes and comments as you please (but not to
distribute).
Also -
THIS IS NOT A SPONSOR OR ADVERTISING DRIVEN
DATABASE.
Those lists are garbage because they highlight and glorify the
advertisers! We also draw on our own personal experience when evaluating a
lender's inclusion in this list. Only the FACTS are allowed in our
DATABASE...
WHAT YOU RECEIVE
FROM COMMLENDERQUEST
The database includes the
following:
Lender Name
(currently 325+)
Contact Info
including Website (if one exists)
Phone
Address
Lending
Niches
A short
"Programs, Niches, and Brief Overview" section that gives some
details about their programs or company
Here are more
samples of some of the information provided in the "Brief Overview" section ---
Preferred loan amounts $500K - $5M – LTV’s: 75%
for purchase r/t and 70% cash out ---- Possible CLTV up to 85%, will
consider seller holdbacks. Possible Non-Recourse at
65%. Construction-perm loans also. Has done commercial and
residential blanket loans in the past... $500K min. True portfolio
lenders so they can be flexible. Very competitive with apartment
buildings, office, retail, small neighborhood shopping centers,
mobile home parks, franchised restaurants, assisted care facilities,
mixed-use properties, warehouse properties, industrial properties.
Church loans that are just outside the box - As
high as 4 times revenue and could go to 80% LTV. Good rates. $500K
minimum as of this writing --
Also have other 'church related' products - bridge loans, capital
campaigns. Reps are regional -- call the main office or go to
website
Global commercial funding. Joint Venture Specialist. Developer
loans in all of North, Central, and South America - Generally
likes loans from $1M to $2B. - energy loans from
$50M to $200M - Likes large hotels, resorts, and other big projects
Direct Lender, immediate funds available up to $7M. All property
types and situations considered. Use appraised value not sale price.
Minimums: WA $40K, OR $200K, CA $400K, AK,AZ,CO,HI,ID,NV,NM $500K.
Portfolio all loans so will consider cross collateralizing.
Office Buildings, Strip Centers, Light - Industrial, Auto Body and
Auto Repair, Churches: Use disposable income and ltv. Rehab loans
available. Max ltv refi 70%
purchase 75%. Loan amounts $50K - $6M some loans higher on an
exception basis. California bank that does un-bank like loans.
Small to mid-sized homebuilders and residential land developers.
Fund created by seasoned real estate experts, mezzanine lenders and
fund managers who wanted to address the unmet needs of this
critically underserved market segment. Mezzanine Financing.
Focuses on entitled, “for-sale” residential real estate projects
with a mezzanine finance need of $10 million and under
Can do personal as well as business Lines of Credit - Its
unsecured and only based off of credit. - These are credit history
driven - Try to do pre approvals in 3-4 business days and funding in 5-10.
Privately-owned, equity-based lender which specializes in
lending to borrowers who require fast closings and/or have credit
issues. Loans are usually funded within two business days from
receipt of documents. We fund bridge and medium-term loans that
range between $100,000 and $1,500,000. We offer two loan programs;
both have a maximum Loan-to-Value of 50% and repayment terms of
Interest-Only, principal due at maturity -- VA,DC,MD,DE,NC,GA,SC,FL
Small Commercial & Investor loans 50k -1,000,000 ARV's REHABS/
Lending in PA, NJ, DE, MD & FL
Portfolio lender - flexible and competitive
on multi-family and multi-tenant office and retail - Really like
existing multifamily properties from $500K- $30M (permanent and
bridge) and existing retail and office properties from $750K-$30M (
permanent and bridge). Have done blanket loans -
bridge/rehab loans for multifamily properties from $500K- $30MM --
does not like out-of-state landlords without significant experience.
Also has an entertainment (movie, etc...) division
Primarily deal with B/C credit. Typical loan sizes are from
$250K to $15M with terms as long as 30 years and loan to values up
to 90% (special circumstances may qualify for 100%), leaving you
more cash to grow your business. Pays referral fees
Bank that does churches, farms, bridge loans,
medical, etc…
International trade financing--- import/export, SBLC's, foreign
exchanges, working capital
Lines of Credit for Medical Practices - 500K - $5M -
Currently Limited to Northeast. Quick Decisions
International loans and miscellaneous asset types such as yachts,
airplanes, movies, precious stones, drilling rigs, etc...
$1M and up - Private lender that specializes in in short term
bridge loans for land development projects. Developed Parcels and
Lots, Entitled Land ,Raw Land, Commercial Buildings, Income
Producing Properties. No interest payments no prepay penalties. An
attractive alternative to an equity partner, especially for early
stage developments
Bank that does lots of property types. Churches, gas, auto body,
trailer parks, land, apts, car washes, motels, storage facilities,
more… CA focused - $100K-$3.5M Not FICO driven, very broker friendly
NON TRADITIONAL Creative Equity Lender for
loans in California. Will do 2nds, 3rds, and 4ths if the equity is
there.
$300K to $5M --- specialty is gas stations, car washes, auto rentals/lots,
finances car wash equipment - direct lender nationwide
Land! Land! Land! Land! -- Loans from $150,000 to $3,200,000 -
1-3 Year Balloon - 40-50% LTV - No Doc/Stated Programs - No
Pre-payment Penalty - Interest-only - NATIONWIDE -- CLTV allowed
In-house origination, underwriting and servicing. You work directly with the decision makers on loans
from $250K - $100 Million. No commitment fees are paid until closing,
prepayment penalties are flexible. Portfolio lender all 50 states.
Local Texas bank that offers a lot of financing options -
loans as low as $5K - letters of credit - etc… Texas land loans
Unconventional loans $500K- $20M. Low credit scores OK. They
will cross-collateralize and try every way possible to close loans.
National Bank that is very broker friendly. If you can't get it done anywhere - try them
Land A&D - $500K to $5M - 75% equity - up to 90% LTC - SFR,
Condo & Townhome construction - condo conversion. Lends in Atlanta,
Metro DC, Orlando, Florida, Georgia, North Carolina, South Carolina,
Maryland and Virginia
Colorado and Rocky Mountain Region only. $200K-$3.5M. Uses fair
market value NOT quick sale value. Uses appraised value NOT contract
price for higher loan amounts than traditional. In business 30+
years.
Did you like that
sample? Keep in mind there are over 300 like it to help you place any loan
scenario that comes across your desk!
This database will let
you find loan programs that you didn't know existed and market them exclusively
and help you to increase your business.
This database also comes
with INSTRUCTIONS – a six page word document that explains how you should use this database to
maximize its effectiveness so it can become an integral part of your business.
FAQ’s
Why should I pay
for your database when I can search the internet for free?
First of all - answer this
question honestly - Have you EVER closed a loan with a lender as a direct result
of free information that you found on a 'message board' or from the results of a
search? Have you? That's why it's free...
Second - Not every lender –
especially the good local ones – have a great internet presence – some actually
prefer not to and it is usually because they do not want to be bombarded with
phone calls and emails from someone ‘surfing the net’. Some institutions do not
even advertise that they will lend money (hedge funds, private equity, the
millionaire down the street) – but we know they do if you get to the correct
person.
Third -What is your time
worth? Spending hours having your assistant or yourself calling and searching
the internet is unproductive, and STOP telling yourself you are 'working' when
you are doing this. Now your assistant can call referral sources
instead - attorneys, realtors, accountants, other brokers, AND MAKE YOU MONEY
INSTEAD OF COSTING YOU MONEY. Most searches and message boards end up with the same handful of
advertisers and other brokers. Certainly that time would be better spent getting
new clients.
I only need one
lender for "xyz" scenario - do you sell just parts of the database?
Unfortunately, no.
It would take more effort (and thus should cost more) for us to separate out
parts of the list and many lenders are in more than one niche. Even if you
just need a 'church' lender - just think of it as you are getting the other 250+
lenders for free.
I have a lot of
lenders already – why do I need more?
If you aren’t
constantly searching for new funding sources or you rely on a handful of people
– you are crippling your business. Most people that do that wind up
co-brokering loans with someone who actually has multiple sources. Now you can
be that go-to broker who has all the sources and programs – you could potentially double or
triple your business. For instance - once you learn the parameters of
the residential blanket loans, you can market them exclusively to real estate
investors.
I do mostly
residential loans or I am a realtor/accountant/attorney - will this database help me?
First of all
you have instantly become a commercial broker (no license required) and you should advertise that fact
immediately. Watch your phone start to ring! Also - some commercial
(especially hard money) lenders will also dabble in residential loans on a
regional basis. If lenders will consider residential properties (you may
need a license), it is
noted on the list.
What support do
you provide?
We will issue updates
and corrections when we get them. We are constantly adding to and modifying the
database as we go and will offer updates. We encourage feedback as well.
Who are you?
We are a consulting
entity with a combined 25 years of commercial and residential brokering
experience.
Are you
compensated by the lenders that are in the database?
No,No,No–
that’s what makes this database special. Actually most lenders probably would not want to be
in this database considering the amount of phone calls it might generate. This list
is completely sortable – so no lender has any positional preference. We
also include any general feedback regarding a lender and any thoughts from our
own experiences.
I'm a lender - can
I get included in your database?
Maybe - send us an email
using the link below. Be prepared to verify all of your information and
lending programs and prove you are a direct lender - or - offer a substantially
unique service/product.
Want to advertise
on Commercial Lender Quest?
This page gets visited
VERY frequently by a VERY captive audience - brokers and borrowers seeking
lenders. A GREAT way to increase exposure if you are a lender rep or
a broker that has access to unique products. EMAIL us below for
advertising information.
There are some databases or
clubs that are selling similar, but not nearly as extensive, lists for $2000 -
$3000 --- AND they have often cut side deals with the lenders on their list to
inflate their fees to kick-back some of the proceeds! We receive NO
compensation from anyone on this database.
Think of it this way,
placing one loan that you couldn't place before WILL PAY FOR THIS DATABASE TEN-TWENTY TIMES OVER!
Brokers - this is
less than your average processing fee! Think about that when deciding
if this database could help you.
Borrowers/Investors -
the average broker will charge 2-4 points on a commercial loan - for $179 you
can save tens of thousands in broker fees by going directly to the lenders.
Think about that.
Commercial mortgage brokering is a cut-throat business
- the longer you wait the better the chance that someone else
will find a lender for that file sitting on your desk and CUT YOU OUT OF
YOUR COMMISSION! - even the guy/girl in your office. There is only one way
to guarantee this doesn't happen - be the END broker and control the deal.
Order NOW before the price goes higher. Also - if you order at the
current price you will receive free updates for six months, including
emails with any new, innovative lenders or loan programs.
Current price is
only $179.00
-- You do NOT need to have a Paypal Account to purchase.
Once your email address and payment have been confirmed -
you will receive both documents via email. The email address you provide
during checkout will be the one that the files are sent to.
By ordering via clicking above - purchaser agrees that they have read
the disclaimer below and agree to its terms. This purchase is
non-refundable as the information and format you will receive it in is
proprietary.
NOTE - Orders are processed MANUALLY, once the Paypal receipt has been
confirmed - your order will be sent via email. Most orders are processed
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credit card) - it may take several days for funds to clear.
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please contact via email below. If you would like permission to use any
content on this site or subsequent documents for any other purpose, please
contact below.
Disclaimer:
Inclusion on this list or in any subsequent
database or
newsletter and or correspondence should not be construed or interpreted as an
endorsement or suggestion to contact and/or engage in a business relationship
with any of the parties mentioned. At the time of publication all information
contained within was deemed to be accurate but can not be guaranteed. Publisher
(JP Inc) is not responsible for its content. These documents become
property of the individual purchaser and may not be
reproduced, shared, or redistributed to any other entity or person without the consent of
the publisher. Publisher may seek damages for any violation per occurrence from the subscriber.
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