Commercial Real Estate Financing News + More: Fox braces for fallout from Bill O'Reilly scandal + MORE 04/03/2017

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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.

If Bill O’Reilly weren’t the biggest star at Fox News, would he still have a job at Fox News?

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1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It’s yet another glimpse at President Trump’s key promise: “Jobs! Jobs! Jobs!” as it put it in a tweet last week.

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A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

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The White House has made public the financial disclosure forms of about 180 staffers.

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