C-Loans, Inc. is pleased to report that one of our participating lenders just closed a $4 million first mortgage loan on a hotel in Southern California. These borrowers both had large incomes and high net worth's. The borrowers needed to refinance their maturing note and pull out extra cash.
If commercial real estate loans on high-income, high-net-worth borrowers fit your lending criteria, dozens of similar deals could soon be sitting in your inbox. Our commercial mortgage leads are essentially free to banks and other direct commercial lenders, as long as you can certify that your company services at least $20 million in commercial real estate loans. By servicing, we mean borrowers make their monthly payments directly to your company every month. Does C-Loans.com work? C-Loans, Inc. has closed over 1,000 commercial real estate loans totaling over $1 billion.
Once again, if handled properly, commercial mortgage leads from C-Loans.com are free to the bank. There is no sign-up fee to join C-Loans.com There is no monthly fee to participate. Depending on the size of the deal and the type of lender, the closing lender merely pays C-Loans, Inc. a software licensing fee of 25 to 50 bps. when the deal closes. Ninety-nine percent of our participating commercial lenders just add our fee on top of their own. For example, if the bank normally quotes 1 point on a small commercial permanent loan, the loan officer simply quotes 1.375 points to the borrower. Viola! C-Loans.com has become free to the bank.
Sooner or later your bank is going to realize that that the banking paradigm has reversed. In the past, young bankers were trained to cultivate relationships with high-net-worth business owners in order to win their deposits; but seriously - do you really need more deposits? Today, what you really need, is a consistent supply of safe, high-yielding loans. You really need to develop relationships with successful developers and old-time mortgage banking companies, who can be your reliable, repeat customers.
Owned by an attorney, Blackburne & Sons the sister company of C-Loans, Inc., was founded 36 years ago. Our direct lending commercial mortgage company services a portfolio of over $50 million in commercial loans, so we know commercial real estate finance. Unlike our competitors, we were in the market every day of the Great Recession. Year after year, decade after decade, C-Loans.com delivers attractive commercial loans to our banking partners. Here is just a partial list of the banks who have closed loans using C-Loans.com.
Intrigued? Need something to show your boss, including a sample commercial loan application? Here is the information on joining C-Loans as a lender.
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To Find Out More About What C-Loans.com Can Do For You
Please Visit C-Loans.com Or Contact Mick Carlson Today
For Mick Carlson, please call
(574) 855-6292
C-LOANS, INC.,
4811 Chippendale Drive,
Suite 101,
Sacramento, CA 95841,
(916) 338-3232
Real Estate Broker -- California Bureau of Real Estate -- License Number 01330173
Arizona Department of Real Estate -- License Number 0909472
The Florida Mortgage Brokers License Number: 0708758 |