C-Loans Closes $550,000 Land Loan |
C-Loans.com is pleased to announce the closing of a $550,000 first mortgage on a 15-acre parcel of land in Wilmington, NC. |
The Lead |
This refinance request is a perfect example of how C-Loans.com can help you place those difficult loans. In this case, the borrower was strong, but the collateral was land. Since the economic downturn, finding lenders willing to use land as collateral has been a struggle. |
Why Should You Care? |
Lenders and Brokers: The lender who closed this loan was Paul Elis of PMB Capital. Paul has closed 31 loans for C-Loans.com! That is 31 loan commissions he has earned as a direct result of using our proven C-Loans.com system. Check out C-Loans.com to learn more about our system. |
C-Loans Can Help Everybody! |
Borrowers and Brokers: Submit your commercial loan to 750 commercial lenders. It's free! http://www.c-loans.com Lenders: Join C-Loans as a listed commercial lender. http://www.c-loans.com/onlineapps.html Brokers: Buy commercial leads for just $1 to $9 each, plus 37.5 bps. at closing. http://www.c-loans.com/leads.html Questions: Call Mick Carlson, General Manager, at 574-855-6292.
To Submit Your Commercial Loan to 750 Commercial Lenders,
Real Estate Broker -- California Department of Real Estate -- License Number 01330173 |