Medical Office Building Financing News + More: Gonzaga's surprising profit + MORE 04/01/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

Gonzaga"s most surprising achievement isn"t getting to the Final Four. It"s the sizable profit its men"s basketball team scored while playing in a small conference.

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Treasury Secretary Steven Mnuchin says he didn"t mean to promote the Lego Batman movie.

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When the women on the national hockey team started a protest for fair pay, they had no idea it would become a historic moment in women"s sports.

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SpaceX just made history by launching the same rocket into orbital space for a second time. And the jaw-dropping news did not stop there.

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Commercial Real Estate Financing News + More: Here's what else Oakland is losing, along with the Raiders + MORE 04/01/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

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Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

Gonzaga"s most surprising achievement isn"t getting to the Final Four. It"s the sizable profit its men"s basketball team scored while playing in a small conference.

Continue Reading On rss.cnn.com »

Treasury Secretary Steven Mnuchin says he didn"t mean to promote the Lego Batman movie.

Continue Reading On rss.cnn.com »

SpaceX just made history by launching the same rocket into orbital space for a second time. And the jaw-dropping news did not stop there.

Continue Reading On rss.cnn.com »

BBG, one of the largest independent valuation, assessment and advisory firms in the U.S., has acquired Integra Realty Resources (IRR) affiliate offices in San Francisco and Sacramento, bolstering the Dallas-based firm"s presence in the West with its second California acquisition within a week.

The acquisition, which follows BBG’s March 24 acquisition of Los Angeles-based appraisal firm Abergel & Associates, includes a combined 32 employees in…

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It"s time to update those contact managers with CoStar"s People of Note, reporting news on significant new CRE hires and promotions. This week"s issue includes the following markets: New York City, Los Angeles, Washington DC, Philadelphia, East Bay, Phoenix / Tucson, Toronto, Atlanta, Denver, Jacksonville, South Florida, Boston, Baltimore and Dallas / Ft…

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