Medical Office Building Financing News + More: Freedom Caucus' demands would lower premiums … for healthy people + MORE 04/02/2017

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.

General Electric CEO Jeff Immelt says he tries to stay out of politics — but he"s found it necessary to speak out against some of President Trump"s policies.

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The fear surrounding Congress"s decision to roll-back some Obama-era internet privacy rules is just “hyper-partisan hyperbole," says former Federal Trade Commission chair Jon Leibowitz.

Continue Reading On rss.cnn.com »

Two years ago, restauranteur Marc Roth didn"t know anything about making ice cream.

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Commercial Real Estate Financing News + More: Stores are scooping up this nut-free ice cream + MORE 04/02/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

General Electric CEO Jeff Immelt says he tries to stay out of politics — but he"s found it necessary to speak out against some of President Trump"s policies.

Continue Reading On rss.cnn.com »

Two years ago, restauranteur Marc Roth didn"t know anything about making ice cream.

Continue Reading On rss.cnn.com »

The fear surrounding Congress"s decision to roll-back some Obama-era internet privacy rules is just “hyper-partisan hyperbole," says former Federal Trade Commission chair Jon Leibowitz.

Continue Reading On rss.cnn.com »