Having trouble viewing this email? Click here.

Home | Apply for a Loan | Cool Stuff | Training

BANKER LETTER

Volume 9: Issue 2

February 3, 2021

This letter is intended only for commercial real estate loan officers working for banks, credit unions, conduits, and hard money lenders. Today we’ll discuss why the U.S. dollar keeps falling. We also have lots of cute, clean jokes, some funny pics, and a video of 12 of the funniest Super Bowl commercials of all time.

Hey guys, if we make you chuckle today, won't you please-please-please refer a turndown this week to CommercialMortgage.com? Seriously, guys, this searchable portal is free, and it contains thousands of commercial lenders. You really are doing them a favor.

Joke Du Jour

The teacher asked her students, “Who can tell me what the ruler of Russia was called?”

“Czar,” the class replied in unison.

“Correct. And what was his wife called?”

“Czarina,” the class replied.

“Good! And what were his children called?”

A timid voice piped up, “Czardines?”

Why You Must Follow C-Loans on Facebook

You are missing important free training. It takes old man Blackburne four to five hours to write one of our popular blog training articles, but he can knock a short training article about commercial mortgage brokerage or commercial real estate finance (CREF) in minutes. In the past two weeks, he has written mini-articles on why banks hate blanket commercial loans, asset-backed securities, family offices, co-living properties, tuck-under parking, the net-worth-to-loan-size ratio, and an unknown, Federal government, mid-market PPP-like loan that can inject $5 million to $300 million into large businesses struggling to survive the coronavirus crisis.

To view these mini-lessons, come to the Facebook page for C-Loans. Look for a tab with three dots, “…”. The first drop-down selection is, “Follow.” Once you follow our Facebook page you will receive one or two free mini-lessons every week.

- Today's Observation -

The U.S. Dollar Keeps Falling

"The greenback has lost around 6.5% against a basket of major currencies over the course of 2020, racking up a loss against every developed market currency, and now trades around its lowest since April 2018." So wrote the Business Insider on the December 16th. Since the 16th, the dollar has fallen even further. It ended the year down a whopping 6.7%.

A falling dollar does affect your life. The years of continuously falling prices at Wal-Mart are now at an end. The Chinese have snuffed out American manufacturing, so there is less competitive pressure to keep lowering prices. I predict that you will finally notice these higher prices at Wal-Mart this year. "Gee, didn't bicycles used to be much cheaper?"

So why is the dollar falling? Due to COVID, the U.S. government has set the dangerous precedent of just creating money and giving it away. In the words of Chuck Butler, a popular commentator on currencies, "... once you give somebody something for nothing, they will expect more, and more, and more, etc. And so we are in our second of those 'mores'…"

There is another surprising reason why the dollar may be falling steadily in future, which will result in painful inflation. China will soon surpass the U.S. militarily. An ocean that is 12,300 miles wide may no longer be wide enough to protect us. Chinese missile ships, 1,000 miles off our coasts, will soon be able to accurately fly missiles into the windows of any military target or economic facility here in America. Yikes.

It's no wonder that the smart money is looking at Bitcoin and gold.

FREE COOL STUFF

Free Commercial Loan Leads

C-Loans.com, is our original portal. C-Loans.com has been phenomenally successful, boasting over 1,000 commercial loan closings totaling over $1 billion. We will list banks on C-Loans.com for free, and they will receive free leads by email, as well as calls and emails directly from borrowers.

If the bank closes a commercial loan, however, the bank owes to C-Loans.com a software licensing fee of between 25 to 50 bps (usually 37.5 bps.) In real life, all of our banks simply bump their normal loan fee from 1.0 points to 1.375 points, so C-Loans.com effectively costs the bank nothing. Please click here to get listed on C-Loans for free. (You must be a bona fide direct commercial lender servicing at least $20 million in commercial loans.)

Free Loan Software

You just fill in the blanks. This new commercial loan software is 100% free.

Mixed Emotions Joke

Q: What's the definition of mixed emotions?

A: When you see your mother-in-law backing off a cliff in your new car.

How C-Loans Actually Works

C-Loans emails our participating lenders with real time leads. These leads give a detailed executive summary, pro forma operating statement, color pictures, and more!

What a C-Loans Lead Looks Like

First Date Joke

My wife asked me, “Why don’t you treat me like you did when we were first dating!?” So I took her to dinner and a movie, and then I dropped her off at her parents’ house.

Would You Mind a $21,250 Referral Fee?

We once paid a $21,250 referral fee! Please click here for details.

FREE Brokerage Training

From an Industry Veteran and Attorney

The C-Loans Blog: info.c-loans.com

State Joke

My body is in a disgusting, embarrassing, totally repulsive state right now. New Jersey, I'm in New Jersey.

Refer Your Turndowns

If you have to turn down a commercial loan this week, you would really be helping your customer if you referred him to CommercialMortgage.com. The domain name is easy to remember.

Need a NMLS License? Need to Renew Your CE Hours? This fun instructor makes these hours bearable.

Commercial Mortgage Rates Today

Here are today's commercial mortgage interest rates for permanent loans from banks, SBA 7a loans, CMBS permanent loans from conduits, and commercial construction loans.

TRAINING PROGRAMS

Learn Commercial Finance

9-Hour Video Training Course

It would be a lot easier to close your commercial deals if you actually knew the subject matter. Are you finally ready to learn the financial ratios and the advanced terminology of commercial real estate finance? Just $549.

Now available online!

Become a Hard Money Lender

One reason why hard money brokers make ten times more money than desk-and-a-phone mortgage brokers is that they approve their own deals!! Four-hour video course, How To Find Your Own Private Mortgage Investors. Just $549.

Now available online!

Ant Joke

The teacher was giving her class of seven-year-olds a nature history lesson. "Worker ants," she told them, "can carry pieces of food five times their own weight. What do you conclude from that?" One child was ready with the answer, "They don't have a union?"

Get Four Training Courses for FREE

Are you desperate to learn commercial real estate finance, but you’re as poor as a church mouse? Get four training courses for free.

Video - 12 of the Best Super Bowl Commercials

Final Funny

A man told the ringmaster that he was interested in joining the circus as a lion tamer. The ringmaster asked if he had any experience.

The man said, "Why, yes. My father was one of the most famous lion tamers in the world, and he taught me everything he knew."

"Really?" said the ringmaster. "Did he teach you how to make a lion jump through a flaming hoop?" "Yes he did," the man replied. "And did he teach you how to have six lions form a pyramid?" "Yes he did," the man replied.

"And have you ever stuck your head in a lion's mouth?" "Just once," the man replied. The ringmaster asked, "Why only once?" The man said, "I was looking for my father."