NO UPFRONT FEE NATIONAL BRIDGE LOAN LENDERS

Winston Rowe & Associates, a national commercial bridge loan financing specaliest, provides businesses with short-term bridge loans for up to three years with interest only payments.

If you have any questions concerning private or bridge or hard money financing, you can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

They have commercial bridge loans for commercial real estate in need of fast capital which can be used for acquisitions, refinances, construction, or to even save a piece of valuable real estate from foreclosure. These financing products are simple to obtain, can be funded faster than any commercial mortgage, and are offered at surprisingly competitive rates.

Winston Rowe & Associates No Upfront Fee Bridge Loan Solutions Include:

Hard Money Loans:

Winston Rowe & Associates hard money loans for deals with "hair" and LTV's ranging from 50%-65% based on as-is cash sale value. Examples include: hard money development loans, very quick closings, distressed debt or partnership buyouts, bankruptcy loans, borrower background issues, etc.

DIP Loans:

Stalled projects where funding has dried up, they have solutions for additional capital for everyone’s benefit. Specifically, Winston Rowe & Associates Project Rescue & DIP Loans will fund priming DIP loans and bankruptcy plans; finish construction or entitlement; continue interest payments; cover operating expenses including taxes, payroll, utilities, insurance, HOA dues and marketing; avoid premature discounted sales and write-offs; and provide time to effectuate a repositioning plan or to simply wait for recovery. These loans are perfect for workouts, restructures and bankruptcy plans; a priming senior lien is required.

Bridge Loans:

Winston Rowe & Associates will fund short-term capital requirements needed to bridge a gap, but only with reasonably assured exit strategies. Examples include: completed condominium inventory loans, tenant improvement loans, and pre-sold residential or commercial lots.

Bridge Loan Criteria:

No Upfront Fees
Property Types: Any Commercial Real Estate
Loan Amounts: $1,000,000 & Up
Terms: 1 Day to 3 Years
Amortization: Interest Only
Maximum LTV: 65%
Recourse: Recourse; Non-Recourse On a Select Basis
Geographic Location: Nationwide
Funding: 14 days from complete submission of the due diligence package

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243
processing@winstonrowe.com

Winston Rowe & Associates has no upfront fee commercial mortgage loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Things To Consider When Applying For A Commercial Loan

Winston Rowe & Associates has prepared this article to provide some insight about the commercial lending process.

For more information on commercial loans, you can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

A commercial loan has a more in-depth application process and its specifications are much more thorough when compared to personal loans, as commercial loans need details and financial data from not only the borrower but the business too, though personal loans only call for information from the individual borrower.

When applying for a commercial loan, there are many significant elements to consider for example credit ranking, financial history, and other factors, and each commercial lender focuses on different factors when making a loan decision.

There are two main general commercial loan collateral types, the secured and unsecured loan. For people with a powerful company an outstanding credit rating, unsecured loans can be a great option as the borrower will not have to present any collateral to secure the loan. The only problem with unsecured loans is that the interest levels are normally higher because of the increased risk to the commercial lender, and they're usually harder to get. A secured commercial loan is where the loan is backed by the pledging of collateral like a residence, commercial property, or business asset(s). The risk of a secured loan is that the asset(s) pledged are at risk need a default happens. But because commercial lenders prefer to do secured loans, the interest rates and terms are usually much better along with secured loans.

The type of commercial real estate and loans the amount of paper work of which the commercial lender will need you to complete and this could even more increase the processing time. But you don't have to go through the lengthy process of doing your commercial loan application on your own. You need to work with a professional firm, such as Winston Rowe & Associates that understands the processes and underwriting guidelines that the various lenders use.

A firm like Winston Rowe & Associates will submit a summary to potential commercial lenders and investors to get the process started and to gauge their interest level. The summary will include details such as the loan quantity requested, purpose, and your ability to repay the loan, requested interest rates, fees, and terms. Commercial loans really have their positive aspects, however there will also be disadvantages based on the nature of the loan that must not be ignored.

Why use a firm like Winston Rowe & Associates, because many traditional banks and lenders only offer one or two loan programs with limited options. Borrowers often do not get the best financing solution or are constrained with terms that are inadequate because the lender is inflexible. Getting the "right" loan requires a lender with multiple program options and the willingness to be creative in its approach. With multiple alternatives available, Winston Rowe & Associates customizes each loan to meet the specific needs of the Borrower.

Winston Rowe & Associates has no upfront free private money commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Loan Processing & Underwriting Explained - Winston Rowe & Associates

Winston Rowe & Associates offers a comprehensive range of services and products for the commercial real estate finance industry, without upfront fees.

They have prepared this article to help prospective clients better understand the various aspects of processing and underwriting commercial real estate loans.

For more information about commercial real estate loans, you can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

Overview:

It is important to understand the process behind commercial loan processing to gain an insight into how a financing institution assesses and decides on whether or not a loan is granted. While commercial loans provide an attractive source of income in terms of interest, lenders exercise a lot of care in evaluating borrowers to ensure that funds lent out are recovered along with the earnings.

Applying for a Loan:

Lenders basically pre-qualify potential borrowers by assessing their background and capacity to pay. The process starts by initial gathering of background and personal information such as purpose for the loan, your income and existing debts. To formalize and commence the loan process, you must then fill-up and complete a loan application form.

Requirements to Expect:

Take note of the documentary requirements that will go with your loan application. This may require some consideration and time to gather. A business loan for example, may require a business profile that gives a general background of your business. In addition, a business plan that clearly describes how your business will be run and how it is projected to perform financially will be required.

Standard requirements for different loan types will include personal financial statements listing all personal assets, liabilities, as well as your personal tax return for the past three years. Another fundamental requirement is collateral. Collateral for a loan may include assets such as real estate and stocks or bonds, hard goods such as equipment, and other personal assets and guarantees. This is meant to give the lender some guarantee that you will be committed to seeing your loan repaid. It also offers assurance that should you fail to meet your loan obligations, they can recover from your assets the money that they have lent out.

Processing Your Application:

A loan officer will review your application and documentary attachments. Your loan officer will review your credit reports, collateral documentation, as well as your income information. Some additional documentation may be requested in order to support the information in your loan application so that all details may be properly assessed and verified.

Loan Underwriting:

Once all documentary attachments are deemed satisfactory, your loan application will then be submitted to a loan underwriter or a loan committee. They will review, assess, and eventually decide whether your loan will be approved.
At this time a processor will present you with a letter of intent or term sheet for signing.

This document includes the amount of financing, terms of payment, type of security or collateral, and other key terms. The decision to approve or reject is usually made within five days. Expect some requests for you to provide additional documentation during this underwriting process.

You will be required to sign the letter of intent and along with it, you may be asked to give a check to serve as a deposit, and to pay for some third-party reports used in the underwriting process such as appraisals.

Loan Approval:

Once all the conditions and requirements are satisfied, the loan application package is resubmitted to the loan committee for final approval. Upon loan approval, you will be required to sign the final loan documents. If you have a closing agent (an attorney or escrow company representative for example), they will receive the closing documents and coordinate the signing of all necessary papers. They will also coordinate the transfer of funds, record the deed transfer and mortgage, and order title insurance.

With all requirements met and all closing documents in order, your loan can finally be released! This can be done in several ways – electronic wire transfer to your designated account, or issuance of a cashier's check or draft in your name.

Winston Rowe & Associates has an excellent knowledge based resource for valuation and market analysis for commercial real estate located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Lenders In San Deigo, Los Angles California No Upfront Fees

Winston Rowe & Associates specialty is no upfront fee commercial real estate financing; they provide investors and owners with competitive commercial loans nationwide. Their commercial lending practice focuses on the Los Angeles, San Deigo, San Fransisco, Long Beach And Fresno California real estate markets.

Call them if you are having trouble getting your hotel loan closed or if you have a unique situation. You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

Winston Rowe & Associates has conventional and hard money solutions for the purchase and refinance of all commercial property types, providing a full array of loans, equity, preferred equity, mezzanine loans, preferred equity for loan restructuring.

Commercial Financing Solutions:

No Upfront Fees

Purchase & Refinance

Nationwide Financing Solutions

Hard Money Available

Minimum Loan Amount $2,000,000 with no limit

Up to 90% Loan to Value

Transactions Fund Within 30 Days Upon Complete Submission

Buyers of Discount Bank Notes

Commercial Property Types Considered:

Motels

Hotels

Apartments

Mixed Use

Resorts

Nursing Homes

Senior Apartments

Assisted Living Facilities

Hospitals

Shopping Centers

Truck Stops

Office Buildings

Medical Office Buildings

Automobile Dealerships

Golf Courses

Manufacturing Facilities

They work fast to process and close their client’s loans with the best rates available. Winston Rowe & Associates can have your transaction closed in less than 30 days.

Winston Rowe & Associates

31408 Harper Ave

Suite 147

Saint Clair Shores MI 48082

248-246-2243

processing@winstonrowe.com