Are you looking to purchase or refinance a funeral home?
For several years now I have been targeting the funeral industry and feel that I am a great source.
In this video i explain how a funeral home business owner can purchase the building he is leasing with no down payment.
Since he has owned the business for one year now he can purchase the building with the seller holding back 10% in the from of a seller second. He contacted me a few months ago and I told him to call me back in a few months. Spoke to him yesterday and his accountant will produce 2015 personal and business tax returns after the 15th. Normally for a owner occupied special purpose loan a person need 2 years personal and business tax returns. Also most of the time a client needs 10% down.
It just so happens that we can fund with just one years business tax returns and the lender will allow the purchase with no cash down payment from buyer, The buyer will have the seller hold back 10% in the form of a seller second. One of the reasons to use me as your commercial mortgage broker is that I am the best at creative funding. I have certain scenario's that I can fund that most others brokers don't know about or have not funded in that manner. These abilities come from trial and error funding multiple owner occupied special purpose commercial properties over the last few years.
My name is Mark Fulop and I am a very experienced commercial mortgage broker/ table lender who funds all property types. City Commercial Mortgage offers custom tailored lending programs to fit the needs of each individual borrower and property type. Our experience helps us match the borrower's financial profile and property type to the lender's requirements and willingness to fund a particular commercial mortgage.
In today's market there are many obstacles. Our knowledge of lenders' underwriting requirements enables us to place your loan in the right hands and see it through to closing. Our goal is to bring the best possible deal at the lowest rate to our customers.
We Specialize in, Apartment Buildings, Mixed Use, Retail, Automotive, Hotel, Motel, Restaurant, Industrial, Warehouse, Construction, Renovation, FHA, SBA,F.N.M.Y, Marina's, Funeral Home, Mortuary, Construction and Renovation. Our loan programs are very diversified.
Whether your needs are for a bridge loan with a fast easy closing or a long term conventional loan with a highly competitive rate, our representatives guide you through the process. Please call to lock in today's low rates.
www.commercialmortgagemark.com
Phone: 201-925-3470
Email city_commercial@hotmail.com
Vice President City Commercial Mortgage
1440 Broadway , 23rd floor
New York, NY 07018
Feel free to email or call with any questions?
Mark Fulop
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