Commercial Real Estate Financing News + More: Outdoor retailers boycott Utah over public land policies + MORE 02/12/2017

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Stated Income Loan Programs

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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.

“The Happiest Place on Earth” is getting a bit pricier.

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A massive showcase with some of the biggest names in outdoor sporting goods typically convenes each year in Utah.

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There hasn’t been an issue this divisive in Canada since Tim Hortons stopped making donuts in their stores.

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Alec Baldwin is more than just one thing on “Saturday Night Live.” He’s Pete Schweddy of “Schweddy Balls” and the scoutmaster in “Canteen Boy” and Tony Bennett and, as of this Saturday night, the person who’s hosted SNL 17 times, more than anyone else. But it’s this latest stint as host that may end up defining Baldwin’s legacy on the show.

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Apple CEO Tim Cook wants the tech industry to take action against “fake news” stories that are polluting the web.

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