Multi-family building in default, needed fast closing.
Fairview Commercial Lending, a privately funded lender, is pleased to announce the closing of a $525K cash-out refinance, multifamily building,
SW Colorado. Fairview has ample cash available and looks forward to closing your hard money deal. Fairview strictly lends its own funds and can provide honest answers fast with no up-front fees.
Deal Challenges:
• Borrower in default with current lender
• Borrower needed to pay off credit card debt
• Borrowers credit impacted by business downturn
• Multi-family building not operating to its potential
Fairview Solutions:
• Fairview understood the urgency of the deal and was able to move quickly
• Current default status with existing lender - okay
• Business Cash Flow and Credit issues - okay
• Property performing below the market - okay
Visit Our Site For Exclusive Resources For Mortgage Professionals:
• Find out why Hard Money loans are often cheaper than stated programs
• Key tips for mortgage brokers prior to placing a hard money loan
• What is the best way to transition from residential lending to commercial lending
• Hundreds of frequently asked questions on underwriting, program details, placing hard money loans, etc...
Stay abreast of the changing small balance commercial marketplace. Below is a list of recent blogs focused strictly on commercial lending
• What is hard money commercial lending?
• Declining values of select commercial real estate
• Can you trust your commercial lender; critical tips to protect yourself?
Our experience allows us to quickly understand the value of a property and fund shortly thereafter.
Contact us today to learn how our innovative product can help you both transition into commercial lending and expand your existing commercial product offerings. The secret to non-traditional commercial lending is just a phone call or e-mail away.
Call (866) 634.1270 or (404) 634.1270
email us at info@FairviewLending.com
All loans are strictly asset based
$1.5M cash-out refinance
Multi-tenant Office Building
Washington D.C
$450K cash-out refinance
Mixed use O/O building
Taos, NM
$750k cash-out refinance
Office/Conversion
Northern, OH
$1.3M cash-out refinance
Apartment Complex
Norfolk, VA
$925K cash-out refinance
Light Industrial O/O
Milwaukee, WI
$800K cash-out refinance
Light Industrial O/O building
Northern Michigan
$575K cash-out refinance
Single Tenant Office Building
California
