Medical Office Building Financing News + More: Yext: The newest $1 billion tech company + MORE 04/14/2017

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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.

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Toshiba: Too big to fail?

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Toshiba"s future is hanging in the balance.

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Was United Airlines Flight 3411 overbooked or oversold? The airline now says it was neither.

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JCPenney tried to close the doors, but shoppers came pouring in.

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United Airlines fell face first into a public relations hole last Sunday after a passenger was forcibly dragged off a flight — and the entire incident was videotaped.

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Commercial Real Estate Financing News + More: Yext: The newest $1 billion tech company + MORE 04/14/2017

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.

JCPenney tried to close the doors, but shoppers came pouring in.

Continue Reading On rss.cnn.com »

United Airlines fell face first into a public relations hole last Sunday after a passenger was forcibly dragged off a flight — and the entire incident was videotaped.

Continue Reading On rss.cnn.com »

Was United Airlines Flight 3411 overbooked or oversold? The airline now says it was neither.

Continue Reading On rss.cnn.com »

Toshiba: Too big to fail?

– rss.cnn.com

Toshiba"s future is hanging in the balance.

Continue Reading On rss.cnn.com »

While the recent rash of store closings has cast a pall over the retail landscape, the ongoing shakeout has been a boon to the handful of restructuring specialists that cater to retailers.

Part real estate brokers, part legal advisors and part wholesale marketers, these hybrid firms seem to get all the big store disposition assignments when retailers go belly up…

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