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100% Commercial
Financing can be obtained through commercial
down payment assistance programs. These programs
allow the seller to contribute funds not directly to
the buyer, but to an uninterested 3rd party. The 3rd
party is responsible for providing funds for the
borrower to freely use for commercial property
purchases. It is widely used in residential lending
for FHA loans. Companies such as the Ameri-dream
foundation and Nehemiah Corporation are well known and
well respected residential down payment assistance
programs. Our Commercial down payment
assistance works in almost exactly the same
fashion. So if your at all familiar with the
residential down payment assistance then your a step
ahead of your competition!
We still find it
surprising how many commercial buyers are unaware that
commercial down payment assistance programs are
available to them. Most of our client's are shocked at
the availability of commercial down payment
assistance out in the market today once they start
doing their research on the topic. One thing to be
aware of as a commercial buyer is that not all down
payment assistance programs are legitimate legal
programs. The federal government does regulate the
mortgage industry and there is a real possibility of
fines or imprisonment for loan fraud. Because of this
we have taken all the worry away for our clients. We
only work with legitimate legal means of down
payment assistance. These methods are completely
legal and function just like the government allowed
FHA down payment assistance programs do.
BENEFITS OF COMMERCIAL DOWN PAYMENT ASSISTANCE
-
USING DPA (down payment assistance)
ALLOWS THE COMMERCIAL BUYER TO OBTAIN 100% FINANCING
ON THEIR PROPERTY
-
THE LENDER IS FINANCING A LOWER LTV
AND YOUR LOAN WILL THEREFORE CARRY A LOWER RISK PRICED
INTEREST RATE
-
FUNDS OUT OF POCKET ARE MINIMIZED
TO JUST COMMERCIAL APPRAISAL, GOOD FAITH DEPOSIT, AND
ANY DUE DILIGENCE FEE'S.
-
SELLERS WILLING TO WORK WITH BUYERS
ARE ABLE TO OBTAIN HIGHER THAN NORMAL NET VALUES ON
THEIR COMMERCIAL PROPERTY SALE
-
LENDER
FEELS MORE SECURE LENDING A LOWER LTV LOAN AND MAY BE
MORE WILLING TO MAKE OTHER EXCEPTIONS NEEDED TO FUND
THE DEAL
The benefits of
using commercial down payment assistance to
obtain 100% commercial financing are obvious
and plentiful. Any savvy investor will quickly realize
how to capitalize on commercial down payment
assistance programs. We have many years of
experience in structuring commercial transactions of
all sizes. The down payment assistance program has
been an invaluable tool in helping our clients realize
their commercial dreams.
This as with all
commercial programs does not work in every situation.
There are a few items that must be in place in order
for the commercial down payment assistance
program to be an option for you.
REQUIREMENTS OF COMMERCIAL DOWN PAYMENT ASSISTANCE
-
SELLER MUST BE WILLING TO WORK WITH
BUYER TO UTILIZE COMMERCIAL DOWN PAYMENT ASSISTANCE
-
MUST BE SUFFICIENT EQUITY IN
SUBJECT PROPERTY TO PROPERLY STRUCTURE THE DOWN
PAYMENT ASSISTANCE INTO THE PURCHASE
As you can
see the requirements are very slim. If you can answer
yes to these two requirements and you think that
commercial down payment assistance may be right for
you and your situation we urge you to apply online or
call us today. We will gladly explain the entire
process to you and help further qualify your scenario
for commercial down payment assistance.
Now you can see why
we are the premier source for COMMERCIAL DOWN
PAYMENT ASSISTANCE in the U.S. Our
commercial mortgage professionals
are prepared to put their years of experience and our
access to these commercial mortgage loans to work for
you!
Contact US today or
APPLY ONLINE for a same day response and let's
start working together to help your 100% Commercial Mortgage project get funded as quickly as
possible!
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