This is a 1031 exchange/purchase of a single tenant nnn deal in Richardson Texas.  Purchase price was $3,600,000.  We delivered the full commitment in 3 days and where ready to close in 35 days. 

The loan program was a 5 year reset loan and the borrower elected to get a 15 year amortization schedule.

We are actively closing a seeking new investment transactions!  Learn more about our commercial loans here.     

This was a purchase of an office condo in Atlanta Georgia.  Conventional bank financing was offered at 65% financing, rate was in the upper 4%'s, 25 year amortization schedule with 5 years fixed.

Total time from start to finish was 24 days... (from the time we issued a term sheet to the actual closing)  We issued the commitiment in 2 days and the seller, which was a bank as it was an reo, had just completed an appraisal and we were able to use it.   

Find out more about our commercial loans here.

CFA, Inc is pleased to announce the recent closing of an SBA loan in New Mexico.  Total loan amount was $1,700,000 at 80% loan to value.  

The borrower was frustrated with what his local banks were offering and wanted to see what we could do.  We got him a great loan with a 5 year fixed rate.  While all other banks offered him a quarterly adjusting rate. 

Closed commercial mortgage on a 3 unit restaurant property outside of Seattle, WA.  Purchase at $3,000,000.  We structured a conventional loan with a 5 year fixed period on a 20 year amortization schedule. 

Most banks ran from this transaction due to the property type.  We got it done at a great rate and terms for our client. 

Property is located in Tempe AZ Arizona, and is an industrial condo.  Total loan amount was $1,300,000.  2 of the major banks declined the loan request as the borrower cashflow in 2009 was "spotty", but 2010 and 2011 ytd was back on track. 

We normally only need the last year and year to date to cashflow to get it done.  Most banks/lenders require the last three years and ytd to cashflow or they decline.

Learn more about of commercial loans in Phoenix, AZ here.    

This was a purchase transaction for a law firm in Scottsdale Arizona, which borders Phoenix. Office condo with a total loan amount of $740,000.  Transaction was completed in 62 days, from start to finish. 

Get a better idea of our commercial loans in Arizona here. 

Commercial Finance Advisors, Inc is pleased to announce the recent closing of an SBA 7a loan in Rising Sun, Maryland which is north of Baltimore.  The transaction was a refinance, loan amount was $983,000.  “The borrower was eager to take advantage of the Stimulus Package and avoid the SBA 7a fees which would have cost him approximately $30,000 had he waited to do the loan.”  Comments Jeff Rauth, the originator on the transaction. 

“Another interesting component was that the borrower purchased the property only one year ago…  For $1,100,000.  There is no other program besides the SBA 7a loan which allows for that high of loan to value, which was 89%.  Typical bank financing is capped at 60 - 65% loan to value on refinances.  So it would have been impossible to get it done any other way beside the SBA 7a route.”

“With that being said, the borrower also enjoyed a great loan with a low rate at 6%, a 3 year fixed rate and a 25 year amortization schedule with NO balloons.  This is as good as it gets in this market.  It’s a great program.  The borrower was pleased.”

SBA business loans provides the highest level of financing in the market today.  This is such an important point as property values continue to decline nationwide.  “Companies should consider the SBA 7a loan simple for this reason alone, as it’s a good way to protect yourself from values on appraisal reports coming in lower than expected and killing your deal.  We hear about this happen all the time by borrowers that continue to try to get there loan done conventional. 

Other information on commercial property loans here.   

Commercial Finance Advisors, Inc closes commercial mortgages nationwide from $400,000 to $5,000,000.   

This was a refinance of a small office property in suburbs of San Diego, CA.  The borrower refinanced his existing mortgage of appr $430,000 and pulled out $120,000 of working capital to finance a call center for his business, which a residental real estate brokerage firm. 

More information on our commercial mortgages.   

This was another closed cash out refinance, of a large industrial property in Brooklyn, NY. 

Get more information on our commercial real estate loan, here.   

A relatively massive debt consolidation type loan that increased the borrowers total cash flow by over 60%.  We were able to roll in lease payments, business credit cards and lines and there existing mortgage.   Commercial cash out refinance of an owner occupied retail/office facility.  Loan amount was just over $400,000. 

Get more information on our commercial mortgages.

Recent closing of a daycare center loan in Clinton Township, Michigan.  This commercial real estate loan saved the borrower $1,400 per month on a cash flow basis compared to their previous traditional bank loan as well as gave them working capital over $300,000.  Total loan amount was $1,720,000. 

Deal type was an office condo loan,owner occupied and was structure as a cash out refinance in Evergreen, CO.  Use was medical office.  Loan amount $378,000. 

Recent closed commercial real estate loan, on a cash out refinance of a medical office building in Howell, Michigan.  General practice doctor.

Closed commercial second mortgage, on this small office building in Port Charlotte, FL.  They are a residential real estate broker.  We acted as a commercial loan broker on the transaction. 

Recent commercial real estate loan closing - NNN loan refinance of KFC, Taco Bell combo in Kaufman Texas.   $842,000 loan amount.

We we're the commercial mortgage broker on this recent closing - triple net loan/refinance of a Captain D's in Columbia, South Carolina.  Loan amount was $530,000.

Recent closed commercial real estate loan - Captain D refinance in Arab, Alabama.  Lease was a 20 year nnn with corp guarantee.  Loan amount was just over $400,000. 

We acted as the commercial mortgage broker - On this mixed use property loan/refinance in Ferndale, Michigan.  This was a refinance, a conduit program was used. 

We offer some of the best COMMERCIAL REAL ESTATE LOANS in the market. 

We provide commercial real estate loans nationwide.