PATRIOT COMMERCIAL LOANS LLC
No upfront fees and a rapid response make us the best choice for securing your business funding!
Some of the benefits you'll enjoy when working with us:
Flexible financing options
Direct underwriting
Approvals you can count on
Letter of intent within 3 business days
Cash out allowed
Credit score allowed as low as 600
We provide quick close acquisitions; partner or equity buyouts; workouts and debtor-in-possession bankruptcy loans; equity cash-outs for appreciated assets; foreclosure avoidance; commercial real estate acquisitions; and discounted debt repurchases.
GENERAL GUIDELINES FOR RESIDENTIAL AND COMMERCIAL PROPERTIES
Please note that the following are general guidelines, all loans are reviewed on a case-by- case basis and stand on their own merits.
100% Purchase/Rehab Financing is available. The repair funds of the loan go into a repair escrow account. The escrowed repair funds are paid to the Borrower/Rehabber contractor on a reimbursement basis in the form of “draws” upon completion. That means, the borrower or contractor performs repairs, pay for materials and labor and then request a draw for repayment.
All deals may require a minimum amount of money coming from the borrower into the deal. How much depends on the deal itself and will be determined on a case-by-case basis. However, it is a good idea to assume at least 10% will be required in most cases to cover normal costs associated with closing, settlement and down payment.
Seller is allowed to contribute any amount of the sales price towards closing costs. Seller may also carry a second mortgage to facilitate a no money down purchase.
All loan decisions are asset based and do not require minimum credit scores. A soft pull credit report is required in submission package for informational purposes only.
Income verification is not required.
Most loans are Interest Only based on a 12 month period.
Term of the loan ranges from 6 months to 24 months.
Interest rates range from 8 to 15%.
Consultation fee is a minimum of $2,995. depending on the type of loan product selected, loan term and loan size.
Value of property is established based on BPO, CMA or Appraisal at the lender’s discretion.
Turn time may vary from 3 days to 3 weeks depending on difficulty of the project.
Location: all of Continental United States
Cash out refinance allowed.
Loan sizes from $40,000 to $5 Million
Referral Code: KORA
TOM LOWRY
PATRIOT COMMERCIAL LOANS LLC
8870 DARROW RD. STE. F106-277
TWINSBURG, OHIO 44087
(216) 470-2657
WWW.COMMERCIALLOANPROVIDER.COM
COMMERCIALLOANPROVIDER@GMAIL.COM
Our mission is to educate and inspire all Real Estate Investors to achieve their financial freedom.
American Express Gift Cards
11/8/11
Unsecured Line Of Credit (Private Lender)
Thank you for your interest in the Unsecured Line of Credit.
There is no cost or obligation to determine the your loan amount eligibility. Your final interest rate and costs will be determined through this application process. General terms are as follows:
+ Loan amts from $25K to $150K
+ Rates: 0% for 1st 6 months and final rate determined on a case by case basis
+ 2 week closing time
+ No upfront fees
+ 700 min credit score with no derogs required
+ No income verification
+ No business entity or seasoning of entity required
+ Personal guarantee required
+ Cost payable from the line upon approval will be 8 to 12% of approval amount
+ Max loan amount is up to $150K per person
+ There are no repeating fees other than interest for usage of the line
+ Funds may be used for any usage you deem fit
************************************
Application instructions:
+ Complete application even if your gross income is over $350K
+ Pull a tri merge from site of your choice or use link provided on the application
+ Provide website used for credit pull, user name and password (this will not show as an inquiry on your report)
+ Tip: uncheck any special offers by the reporting agency you use
+ Include entity info if you have one
+ Enter min loan amount of $25K and max of $150K
+ Enter personal income if you have no entity in the entity section
+ Email application back to me at www.commercialloanprovider.com or fax to me at 877.775.7253 and include your contact info
+ Email any questions to me at commercialloanprovider@gmail.com
+ + REFERRAL CODE: KORA
**************************************
I'm looking forward to delivering funding for your endeavors! Do not hesitate to get in touch with me if you have any questions.
With appreciation,
Tom Lowry
8870 Darrow Rd
Ste F106-277
Twinsburg. OH 44087
Phone: 216.470.2657
Fax: 877.775.7253
www.commercialloanprovider.com
********
There is no cost or obligation to determine the your loan amount eligibility. Your final interest rate and costs will be determined through this application process. General terms are as follows:
+ Loan amts from $25K to $150K
+ Rates: 0% for 1st 6 months and final rate determined on a case by case basis
+ 2 week closing time
+ No upfront fees
+ 700 min credit score with no derogs required
+ No income verification
+ No business entity or seasoning of entity required
+ Personal guarantee required
+ Cost payable from the line upon approval will be 8 to 12% of approval amount
+ Max loan amount is up to $150K per person
+ There are no repeating fees other than interest for usage of the line
+ Funds may be used for any usage you deem fit
************************************
Application instructions:
+ Complete application even if your gross income is over $350K
+ Pull a tri merge from site of your choice or use link provided on the application
+ Provide website used for credit pull, user name and password (this will not show as an inquiry on your report)
+ Tip: uncheck any special offers by the reporting agency you use
+ Include entity info if you have one
+ Enter min loan amount of $25K and max of $150K
+ Enter personal income if you have no entity in the entity section
+ Email application back to me at www.commercialloanprovider.com or fax to me at 877.775.7253 and include your contact info
+ Email any questions to me at commercialloanprovider@gmail.com
+ + REFERRAL CODE: KORA
**************************************
I'm looking forward to delivering funding for your endeavors! Do not hesitate to get in touch with me if you have any questions.
With appreciation,
Tom Lowry
8870 Darrow Rd
Ste F106-277
Twinsburg. OH 44087
Phone: 216.470.2657
Fax: 877.775.7253
www.commercialloanprovider.com
********
Show Me The Lenders
<<<< Click On The Tabs To The Left For A Listing Of Hard Money & Private Lenders.
Subscribe to:
Posts (Atom)