197878 Resource 78777 78860 1071 1203611137728 1215812063848 Controlled Hard Money Commercial Lenders Likely to Get More Picky

As the Banks Stop Lending, Hard Money Commercial Lenders Are Getting the Overflow

<p>Commercial banks are scared.&nbsp; They lost billions of dollars when the market for subprime and alt-A residential loans suddenly dried up.&nbsp; They are stuck with billions of dollars of these risky home loans sitting on their balance sheets.<br /><br />In response, most commercial banks have virtually stopped making commercial real estate loans.&nbsp; They are not officially out of the market , and if a commercial deal is perfect, they might still make the loan, after an extra two weeks of anguishing over the deal.&nbsp; But for all practical purposes, the banks have stopped making any significant volume of commercial real estate loans.<br /><br />As the saying goes, &quot;Stuff flows downhill.&quot;&nbsp; Since the banks aren't making commercial real estate loans, these loans are flowing to the Wall Street subprime commercial lenders and the hard money commercial lenders.&nbsp; My own hard money commercial lending company, <a title="Fast, easy hard money commercial loans." href="http://www.blackburneandbrown.com/">Blackburne &amp; Brown</a>, is enjoying a terrific volume of very fine commercial loan applications.<br /><br />I spoke with the owners of four other hard money commercial lending companies last week, and they all reported wonderful increases in their commercial loan application volume.&nbsp; Each one was amazed by the quality of the deals that they are being asked to make.&nbsp; We are all seeing bankable borrowers knock on our doors.<br /><br />This is all great for my buddies and me, but if you are a subprime commercial borrower, you better get your commercial loan application submitted to us very soon.&nbsp; Otherwise you might find all of the hard money commercial lenders too picky to fund your less-than-perfect commercial real estate loan.&nbsp; <a title="Apply directly to George Blackburne for a commercial real estate loan." href="http://www.blackburneandbrown.com/loan_request.html">Please click here to apply</a>.<br /></p> 9 application/xml false commercial bank commercial financing commercial lender commercial lenders commercial lending commercial loan commercial loans commercial mortgage commercial property loan commercial property loans commercial real estate financing commercial real estate loan commercial real estate loans Apply to 750 Different Commercial Real Estate Lenders in Just Four Minutes http://www.c-loans.com/onlineapp Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.0.3705; .NET CLR 1.1.4322; Media Center PC 4.0) 127.0.0.1 127.0.0.1 johngaudio 67.190.87.246 false true false false true 198508 false false true false false false true 78777 blog blogsite/CLoans/web