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August 29th, 2007 6:26 PM

Posted by Tonya Armour on August 29th, 2007 6:26 PMPost a Comment (0)

Own a Gas Station?

August 29th, 2007 10:44 AM

GAS STATION

STATED INCOME STATED ASSETS

COMMERCIAL MORTGAGE

We Now Fund Gas Station Properties

No Tax Documents, 1040s, P&Ls, Income Statements are Not required.

Personal and Corporate Income is Not Verified.

Gas Station Mortgage Loan: Appraisal as Improved Land deal only. No Value given to “Going Concern”,“Goodwill”, or Equipment or Gallons per month pumped.

Maximum Loan: $800,000

Max LTV: 65%, 680 FICO needed for 65%

Min FICO: 600 (55% LTV)

Posted by Tonya Armour on August 29th, 2007 10:44 AMPost a Comment (0)

We are Hiring!!!

August 28th, 2007 7:52 AM

Premier Commercial Loans is hiring Commercial Account Executives. What a great opportunity to enter the commercial mortgage field.

Compensation plans, application process, and work requirements will be posted September 1st on www.easybizloans.biz and on www.commerciallo.com

Subscribe to this blog the latest commercial industry news and opportunities.

Posted by Tonya Armour on August 28th, 2007 7:52 AMPost a Comment (0)

97% Commercial Financing

August 28th, 2007 7:41 AM

Posted by Tonya Armour on August 28th, 2007 7:41 AMPost a Comment (0)

100% Church Loans

August 28th, 2007 7:26 AM

100% Church Financing

We have had a lot of calls about our 100% purchase program for churches. Here is how it works: If the church is buying a property for 70% or less of the appraised value we have a program that does not require the church to put any money down.

For instance if the church is buying a sanctuary appraised at $1,000,000 but they are only paying $700,000 for it then they do not need to put any money down. Other program benefits: No personal guarantees, no audited financial statements, no personal credit checks. Minimum loan amounts on this program are $350,000.

We have also introduced another 100% loan program for churches that are using a seller held second. If your church is buying a property and the seller is willing to hold a second trust for at least 20% and you can cover the closing costs, check to make sure you meet these following guidelines and give us a call,we may be able to help you:

Minimum loan amount of $600,000,
Been in business a minimum of 3 years,
Loan amount including the seller held second can not exceed 3.75 times the last 12 months income.

Posted by Tonya Armour on August 28th, 2007 7:26 AMPost a Comment (1)