Construction loans, prevalent and lucrative some two years ago have proven to be an elusive target. The market collapses around existing developments have contributed to the decline in the capability of lenders to make these types of loans. In climate such as the California market there is some availability provided the building will [...]
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Posts Tagged ‘mortgage industry’
Construction Loans in Modern-Day AmericaPosted on:
High Quality Loan ProductionPosted on:
“Show me a property that’s free and clear (one that that’s not have an existing mortgage lien) and I’ll show you a loan.” Mortgage loans, and especially commercial real estate loans, have more moving parts to them than Boeing 747’s.
At any point in the workflow process, something could be discovered that destroys an otherwise good [...]
Ctrl-Alt-DeletePosted on:
For those of us inexperienced in the operation of computers, the title of this article might not make sense. In computer terms this means that we’re going to force a reset of the computer.
It’s been said by many a wise man before that man is really an organic computer. The only difference between [...]
Webinar – The State of the IndustryPosted on:
I just got word that Scott Oakley will be hosting a webinar on Thursday, May 14th 2009 from 9-10 AM PST; I’m pretty excited.
I know that working here has always given me an edge but this is going to be great. People like Nicole Ferguson and Mike Jernigan have freely offered their expert knowledge on [...]
The 2006 StigmaPosted on:
Twenty year olds making $50,000 per month was commonplace and the parties were outstanding!
Each day we (all of us including Commercial Lending Capital) are confronted with questions and issues regarding the valuation of real estate and what it all means to the value of the loans that we are able to issue. GONE are [...]
