CMG Capital, LLC Bridge Loan, Conventional Commercial Loan and Hard Money Nationwide
Temp, AZ (PRWEB) August 23, 2012
CMG Capital, LLC is a leading commercial real estate lending (non-bank) firm. We are one of the fastest growing company and ranked among the top commercial loan service providers nationally. We can structure commercial real estate scenario for construction loan development, refinancing, purchase or single family home loans. We work with outside brokers around the US and internationally, while allowing brokers to retain price control. We offer brokers verbal pre-screening of their loans and underwriting, providing a written pre-approval letter within 24 hours for most projects. CMG Capital, LLC is an office, apartment, construction commercial lender originating small and mid-balance multifamily loans and commercial loan debt for private investor portfolios, Fannie Mae, Freddie Mac, select banks, REITs and institutional investors nationwide.
Product/Service: CMG Capital, LLC provides commercial financing services, with core focus on commercial mortgage loans ranging from $ 500,000 to $ 25 million, mid size loans-$ 2 Million to $ 50 Million and Large size loans $ 10 Million and up. We have a diverse product mix, an innovative online commercial lending platform, and a staff of seasoned, experienced professionals, CMG Capital, LLC provides a low cost, single source solution for apartment loans and commercial property loans from $ 250,000 to $ 50 million.
CMG Capital, LLC ‘s Loan Processing program ensures clear communication between our brokers and the clients. Unlike other commercial real estate lenders, we organize all of our loan packages online in a computerized system, so the brokers and the borrowers can track the progress of their loan application in real time.
At CMG Capital, LLC , we simplify the whole process of getting the mortgage that’s right for you. We pride ourselves upon finding the best mortgage for you in the quickest possible manner, plus making the experience as hassle-free as possible. We’ll provide unbiased advice so you get the mortgage that fits your requirements.
NO-OBLIGATION Free mortgage advice
We don’t charge any fee for mortgage advice to our customers. We are technically USA’s largest and best-known no-fee mortgage lender. Fill our quick loan request form and get the best rates.
We maintain our position at the forefront of the mortgage advice business, we use the latest technology to remain updated all the time. Our website is a great example of using technologies to provide hassle-free efficient services.
Every customer has the same importance
We are committed to treating all of our customers fairly and equally all of the time. We believe in delivering the same level of support and service to every customer. Our mortgage advisors, are easily contactable and are committed to finding the mortgage that is most suitable for you.
Wide range of choices
We present our customers with a wide range features and rates so it’s easy to find a mortgage that fits your needs.
A conventional loan is any mortgage which is not guaranteed or insured by the federal government (Veterans Administration (VA) or the Federal Housing Administration(FHA)).
Conventional loans may be “conforming” and “non-conforming”. Conforming loans follow the terms and conditions set by Fannie Mae and Freddie Mac. Nonconforming loans don’t meet Fannie Mae or Freddie Mac qualifications, but are also considered conventional.
Short term mortgage financing that is in place between the termination of one loan and the beginning of another loan. Also, a form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing. Commonly used for construction or rehab. Rates are higher than a conventional loan because financing is short term.
A hard money loan is a specific type of financing in which a borrower receives funds based on the value of a specific parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution.
A Foreclosure Bailout Loan is a mortgage designed to save homeowners from having the properties being foreclosed upon by their banks. it is basically a refinance loan. The home owner takes out a mortgage to pay off the current loan thats in default.
Most foreclosure bailout loans require at least 25% equity in the home and credit scores over 500. While many potential borrowers do not fall into this category there are some that do and can benefit from the bailout programs.
We fund multifamily unit apartment loans nationwide for residential structures that contain five or more dwelling units in the same building. These can be multi-story buildings that generally offer individual apartments for rent with common area facilities. With us you can have commercial financing terms at the lowest apartment financing rates and terms as well as no-point apartment loan programs nationwide. We offer a wide variety of apartment real estate, we have several investment mortgage loan products to meet your lending needs at the lowest possible interest rates.
Decades of collective experience in apartment loan financing, our apartment loan department will find the best apartment loan for your needs. Above all with us you are assured of a fast and efficient process. We offer a variety of flexible apartment financing options. Whether you are looking to refinance your apartment loan or a purchase apartment loan, we will sit and work with you to find the best-fit apartment finance program for your needs.
Some of our apartment loan program underwriting guidelines on apartment loans are as follows:
Apartment mortgage loans are available on fixed and variable rate financing on 5 or more units
Apartment financing LTV/CLTV permitted up to 90%
Apartment loan rate fixed terms: 3-30 years
Apartment debt coverage ratio: 1.05 to 1.25
Cash-out available on apartment loans
Types of Apartment Mortgage Loans
Bridge and Construction
Equity and Mezzanine
Call Us @ 480-366-5839 or fill out a application today:
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