Blog
Aug 11, 2011
Still closing commercial deals!
Who is closing deals today? that is the question I get every day. My answer is; we are! If a deal is a solid make since deal, there is a very good chance we will close it. We get a lot of bank turn down deals, AND CLOSE THEM!! However, we are not a source for bad deals, deals that are cash out and the borrower is barried, or a place for just last reort deals. we are closing loans, but they must be strong. Banks turn down strong deals for many reasons. It may be an area or property type they are loaded with.
Let me look at it. It will be yes, or it will be no, but you will know within about 72 hours. Not a 30 day period to get an LOI, just to find a loan committee didn't all vote yes.
So, send it in, and let me look at it.
Brett Swearingen
800-557-0682