A business owner in Oregon wanted to execute a cash-out refinance on their warehouse property. The problem was that local banks in the area did not feel comfortable with the owner’s desired LTV percentage.
An investor in New York was looking for the lowest interest rate possible on their cash-out refinance loan request. Thanks to the Low Rate Program from Silver Hill Funding, the investor was able to secure a competitive rate as well as the cash-out amount they needed.
An investor in Louisiana wanted to refinance their rental property and narrowed their focus to only included reduced documentation loan programs. After comparing the available options, the investor found that the Lite Doc Investor Program from Silver Hill Funding met the greatest number of needs. Thanks to this solution, the investor secured a 5-year, fully-amortizing loan without having to provide tax returns.
An investor in Illinois wanted to purchase a multifamily property in the Riverdale area. Their broker took the deal to Silver Hill Funding because, while the investor possessed a very high credit score, their requested loan amount and preference for a reduced documentation solution eliminated many of the more traditional bank options.
In this popular webinar our commercial mortgage experts show you the property and borrower characteristics that reveal the ideal match for your investor and owner-occupied scenarios.
Ask any experienced mortgage originator.
The key to generating more revenue with small-balance commercial mortgages is to develop the ability to analyze a deal and quickly and correctly determine the best lending solution. Qualifying deals isn’t easy. Every commercial real estate deal is unique, and many include property or borrower issues that limit the number of available lender options.
A property which had been encumbered by a forbearance agreement since 2010 was in need of immediate repairs related to items of deferred maintenance, in order to qualify for permanent financing. Silver Hill Funding was able to overcome the Sponsor’s past credit challenges related to other assets, and structure this Non-Recourse, 2 year Bridge Loan with adequate proceeds to address all CapEx and future leasing needs.
In this new webinar our commercial mortgage experts show you the property and borrower characteristics that reveal the ideal match for your investor and owner-occupied scenarios.
Whether it’s during a webinar presentation or a one-on-one call with a Silver Hill Regional Manager, brokers come to us with all sorts of interesting questions pertaining to the small-balance commercial mortgage industry.
We tend to get some questions more often than others – that’s why we’ve created this Commercial Mortgage Mailbag feature. Read on to see if we have an answer for your biggest question.
A business owner in Texas wanted to take cash out of their existing mortgage so they could pay off cash advances and complete building improvement projects.
Thanks to Silver Hill Funding’s Bank Statement Program, the borrower was able to get approved for the loan through 12 consecutive months of business bank statements instead of tax return documentation.
