Medical Office Building Financing News + More: Dozens of advertisers have left Bill O'Reilly. Can Fox News stand by him? + MORE 04/06/2017

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Stated Income Options Available

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Debt Service Coverage Ratio!

The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.

It"s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

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More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

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Bill O"Reilly"s future at Fox News is the number one topic among Manhattan media executives, entertainment agents and journalists. But the network is keeping mum. Seemingly the only place where it isn"t being discussed is on Fox News.

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A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

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Commercial Real Estate Financing News + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 04/06/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

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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.

It"s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

Continue Reading On rss.cnn.com »

More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

Continue Reading On rss.cnn.com »

A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

Continue Reading On rss.cnn.com »

President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.

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Zapped by Zappos and other online shoe outlets, Payless ShoeSource has become the latest casualty from the ongoing shakeout among retailers. The discount footwear company filed for Chapter 11 bankruptcy protection on Tuesday and said it will immediately close 400 stores in the U.S. and Puerto Rico, with additional store closings likely down the road…

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