BMW X3 Forum
BMW X3 Forum
Welcome to the ultimate G45 BMW X3 community.
BMW Garage BMW Meets Register Today's Posts
Post Reply
 
Thread Tools Search this Thread
      05-01-2010, 06:33 PM   #1
Myki335
Private First Class
Myki335's Avatar
Poland
18
Rep
141
Posts

Drives: JB/black 2009 335i Coupe
Join Date: Mar 2010
Location: Jackson, NJ

iTrader: (2)

Any Commercial loan/mortgage experts here?

So my dad and I signed a purchase agreement on this commercial, but mix-use investment property and are now looking for a loan. I was wondering if any of you know of a bank, mortgage broker or credit union that would offer such a loan with a minimum required down payment of 30% or less.

Two months ago, when we first began negotiations with the seller, the down payment minimum at our credit union was 25%, which was great cause that we can afford...BUT, literally a 2 or 3 days before we signed the purchase agreement, the down payment minimum jumped from 25% to 35% with out us knowing, and that's a problem for us because now I don't know if we'll qualify for a loan.

So I was hoping a mortgage expert or someone in that field could chime in and give me some advice on what I could do to get this loan.

Any feedback is appreciated.

Mike
Appreciate 0
      05-01-2010, 10:08 PM   #2
TunedM2C
Brigadier General
TunedM2C's Avatar
No_Country
840
Rep
4,190
Posts

Drives: 2016 LBB M2
Join Date: Jan 2008
Location: Earth

iTrader: (2)

PM me the full details of the transaction.
Appreciate 0
      05-04-2010, 03:28 PM   #3
karenf
Guest
0
Rep
n/a
Posts

Drives:


Talking Deals Getting Funded!!

I originate commercial loans that are getting funded!! Please forward your information. We charge no up front fees to determine if a deal can be funded. Karen
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:59 PM.




x3:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST