Richard David 's Blog

When It Comes to Choosing A Commercial Lender • Never Judge a Book by Its Cover

Thu, 31 Jul 2008 11:14:09 -0700

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BANCOFINO OF NEW YORK COMMERCIAL LENDING

YOUR AGGRESSIVE LEADER

When you are shopping for a commercial lender, what do you look for? Do you look for a fancy web site with all the bells and whistles? Are you impressed by a fancy office or a nice voice over the telephone? Do you think your bank is the answer to your solution? It is a jungle out there and can become quite confusing with all the players promising you they are the "ones". In most cases, the person you speak with at a commercial loan office is simply an application taker hoping to gain your business. If you don't believe it, simply ask them if they own commercial property such as apartment complexes, shopping centers or office buildings. You will be surprised with the answer you'll get my friend.

Who would you want to bet your life on when it comes to getting you a commercial loan? Would you go with the kiddies out there trying to score a big one? Or would you go with someone who has been to the closing table many times? Someone who owns over (1000) apartment units from coast to coast including office buildings and shopping centers. Someone who knows how to get you to the finish line for they've been there and it wasn't easy. Nothing is easy in this world. Nothing is given to you on a silver platter. You have to earn it! It is simple as that. Henceforth, the meaning of being a "seasoned investor" and a "seasoned financier" commands a certain amount of respect in this industry.

Use common sense and ask the right questions. You will quickly determine who will be your commercial lending source of choice. Don't be fooled by smoke and mirrors. This is a cut throat business and people will tell you what you want to hear. As mentioned before, experience is important, but don't forget, it's also who you know that will be make the difference in getting you to the Promised Land. For additional information, visit our corporate web site at www.bancofino.com and the links below.

http://bit.ly/BancofinoPressReleases
http://bit.ly/BancoLoanFinSvcs
http://bit.ly/BancoLoanCommFin
http://bit.ly/BancofinoCommApp
http://bit.ly/EquiFundCriteria
http://bit.ly/EquiFundScenariosFlowcharts
http://bit.ly/EquiFundTrainingOrderForm

Richard David

Bancofino of New York

Dallas, Texas

New York, New York

richard@bancofino.com

100% Commercial Loans • Busines Finance • Nationwide Lending

www.bancofino.com

Commercial Borrowers • Learn From Others, But Bring Your Loan to Us • We'll Close It!

Wed, 30 Jul 2008 12:31:11 -0700

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The best borrower is an educated borrower. We emphasize to our commercial clients about getting educated on securing a commercial loan. Be savvy! Learn as much as you can about the various programs being offered. Attend seminars, watch videos and ask plenty of questions about the complexities of commercial finance. It is not for the faint of heart. However, if you invest enough time and energy into educating yourself about this business, you will find easier on who to choose for your mortgage needs. You will find out who can deliver the goods and who can't. So please! Be wise and spend a little bit of time learning about the commercial mortgage industry. It will save you a lot of time down the road. For more information, click on the links below. We welcome your business!

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

Bancofino Funds Unusual Commercial Loans • Find Out How?

Wed, 30 Jul 2008 10:53:04 -0700

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Bancofino of New York, the leader of the 100% LTV loan now funds unusual and weird loans. We gladly welcome your bank turn down loan no matter how unusual and weird it is, we will give you time of day. As you know, bank lenders are more stringent now more than ever before. They simply can't risk putting a questionable loan on the books. Unless you have perfect credit, perfect loan history, ample assets and a sound business plan, you won't get approved. You can take that to the bank!

We are all ears. Let's hear your story. We'll give you a good assessement of your situation and advise you the best angle of attack to succeed with your loan. Put your best foot forward and let us help you. As usual, we welcome your business. For more information abour our services, please click on the links below.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

Dear Mr. Bancofino • How Can You Offer 100% LTV Commercial Loans? • Please Tell Us!

Wed, 30 Jul 2008 08:42:08 -0700

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OUR LOAN ANALYSIS TEAM WILL APPROVE YOUR LOAN

We at Bancofino of New York utilize a common sense approach to commercial loans. We are a story based lender. We see the facts as they really are through crystal clear lens. We listen to you. We hear you. We work with you. Tell us what your issues are and where you need help. Is your credit score not where it should be? If so, we have direct relationships with credit restoration vendors who will attend to your most immediate needs. Are you having issues with the seller? We have EquiFund Realtors who will represent you and negotiate on your behalf with the seller addressing any concerns you may have. Do you need a little more cash for downpayment? Don't worry. Our equity funding division, Federal Funding, can fund you any amount of equity capital needed and closing costs funds if necessary, subject to equity. As you can see, where there is a will, there is a way. Rest assured, we will get you where you want to be in a matter of time. We look forward to your business. Click on the links below for more information about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

Bancofino Turns Your Unusual Loan to a Normal Loan Approval • Call For Details!

Tue, 29 Jul 2008 11:04:47 -0700

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CUSTOM FINANCING

Bancofino of New York welcomes your bank turn down loans. It doesn't matter how weird or unusual it is, we will turn it into an approval. Our team of experts will analyze your loan submission and determine what is needed to convert your loan into a successful approval. We will customize your loan to suit your needs. In the event you need additional downpayment or closing cost assistance, we will request Federal Funding to review your file and if it qualifies for the EquiFund and or EquiCash Programs, you will be promptly notified of the protocols to be followed. Here at Bancofino of New York, we turn weird or unusual loans to normal loans. We welcome your business! Click on the links below to learn more about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

Bancofino of New York to Introduce Net Branch Program • Offer Business Lending Services Within Your Community

Mon, 28 Jul 2008 22:22:57 -0700

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OFFER BUSINESS LENDING SERVICES AND & CLOSE MORE DEALS

JOIN US TODAY!

Bancofino of New York is developing a first of its kind nationwide net branch program. Finally! Mortgage brokers, loan officers, realtors and financial professionals will be able to offer the entire product line of the Banco Program. This unique program features an integrated business, finance and insurance model geared specifically for the small business market.

Small businesses in need of working capital, bonding and merchant processing can access the Banco Program all from one point of contact. This truly unique net branch program will only be available to select financial professional serious in establishing a career in the banking industry. Click on the links below to learn more about our program. We welcome your input!

http://bit.ly/BancofinoPressReleases
http://bit.ly/BancoLoanFinSvcs

http://bit.ly/BancoFactor

http://bit.ly/BancoPayrollProgram

http://bit.ly/BancoMerchantApp

http://bit.ly/BancoBondProgram

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

Bancofino of New York Offers a NO CLOSING COST Commercial Loan with NO DOWN

Mon, 28 Jul 2008 18:34:47 -0700

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YOU HEARD IT RIGHT PARTNER!

NO CLOSING COSTS & NO DOWN LOAN!

Bancofino of New York originates commercial loans with NO closings costs and NO downpayment! That is correct. Six out of ten commercial loans we originate entail no out of pocket costs to the borrower. How is this possible? We are experts in the commercial lending business. We match your loan request with the best loan programs we offer and combine it with the Federal Funding EquiFund Program. The end result is the highest aggregate LTV possible for the discrimminating Bancofino of New York borrower who in most cases receives a commercial loan with little to nothing down and no closing costs. Keep in mind, the latter is subject to the equity available.

Ask your mortgage broker if they can provide you with a similar loan program and you will quickly find out it is not possible. Unless they are an approved EquiFund Broker with Federal Funding, you will NOT find a competing product out there. Period! Contact us today and let us help you secure a commercial loan that is right for you! We welcome your business. Click on the links below to learn more about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

100% Financing Sounds Real Good! Doesn't It? Ask Bancofino How to Get Your 100% Loan Today!

Mon, 28 Jul 2008 12:09:42 -0700

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100% FINANCING

Yes! We can offer you a true 100% commercial loan! How do we do it? First, you must be realistic with your goals of achieving maximum financing for your project. Just follow some simple guidelines listed below:

Good credit.
Cash reserves.
A well drafted personal and or business financial statement.
A good business plan.
Equity capital.
The right property.

An educated and well prepared investor are the best customers you can have. Be sure you follow the above and choose your lender wisely. Depending on what kind of property you wish to purchase will determine the type of lender securing your loan you will use. If you don't have enough equity capital to put in the deal, then choose your commercial equity provider wisely if you can locate one. Don't forget to select an experienced commercial real estate agent to represent you and insure they are up to speed with all the properties available and the various financing programs on the market. Do your homework well and you will find your chances of succeeding in commercial investing to be a positive experience. Click on the links below to learn more about about market LTV financing.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.om

BANCOFINO OF NEW YORK ACCEPTS UNUSUAL AND WEIRD COMMERCIAL LOANS

Sat, 26 Jul 2008 11:26:45 -0700

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UNUSUAL LOANS APPROVED!

Do you have an unusual loan that has been turned down by your bank? Has your broker been shopping your loan to no avail? Can't find the approval you need? Look no more my friends. Bancofino of New York to the rescue! We fund all types of commercial loans that don't fit the standard lender's criteria. Low FICO, not enought assets or need to go stated income is okay with us. We analyze your loan request and determine the best method of approach to secure you a loan approval.

Bancofino of New York offers 100% LTV financing for your unusual loan. We'll get you approved and lead you to the closing table quickly and efficiently. No red tape, no bull, just straight forward processing of your loan request with minimal fanfare. We welcome your business. Click on the links below to learn more about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

BANCOFINO OF NEW YORK WILL APPROVE ALL COMMERCIAL BANK TURN DOWNS! SEND US YOUR DEAL TODAY

Fri, 25 Jul 2008 15:50:21 -0700

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BEEN TURNED DOWNED LATELY?

Bancofino of New York approves over 90% bank turn down loans. We see it all the time. An investor applies for a commercial loan at his local bank. Just like his father and grandfather did back in the old days. Well, the old days are gone and the new days are here. Rest assured, you will get turned down from your banker if you don't have "perfect" credit, plenty of assets, collateral and at least 25% downpayment. If you don't, you are virtually guaranteed to be politely turned down.

We at Bancofino of New York take a holistic approach to our customers. We listen. We hear. We approve. Naturally, you would need to follow protocol and guidelines to secure your 100% LTV approval. We analyze turn down loans daily and find most of them simply need a little loan restructuring with a natural approach to renegotiating the deal. Our EquiFund Realtors are highly trained professionals who will take your deal and resubmit it to the seller for their acceptance. From there, the road to closing land is imminent. We look forward to your business. Click on the links below to learn more about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

BANCOFINO OF NEW YORK OFFERS EVERYDAY UP TO 100% FINANCING ON ALL COMMERCIAL LENDING PRODUCTS

Fri, 25 Jul 2008 09:07:32 -0700

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DO YOU NEED 100% LTV?

Bancofino of New York offers commercial investors the only 100% LTV product on the market today! If you are looking to secure the highest LTV possible for any kind of commercial property or business, then we can help you. We place your loan with one of the multitude of programs we offer and insure it is well suited to your needs. Federal Funding will fund the remaining LTV as equity capital, subject to the property's equity position. The end result is an aggregate 100% LTV product.

Ask your broker or loan officer if they can provide you with 100% LTV. You will quickly find out their limitations. Bancofino of New York knows no peers in this industry. No matter how unusual your loan is, our team of experts will secure you a commercial mortgage loan. Don't hesitate to contact us and tell us your scenario. We'll listen and give you our expert advice. Don't forget, we fund nationwide. We look forward to your business. Click on the links below to learn more about our services.

richard@bancofino.com

100% Commercial Loans • Business Finance • Nationwide Lending

www.bancofino.com

BANCOFINO OFFERS 100% COMMERCIAL FINANCING! - BROKERS WELCOMED

Wed, 23 Jul 2008 11:20:41 -0700

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100% FINANCING!

APPLY TODAY!

Yes, it is true! Bancofino is the ONLY true originator of 100% commercial financing! It knows no peers. If you are looking for a commercial loan anywhere from $500K to the millions, you have come to the right place. Why go to anyone else? If they can't give you the full 100% LTV approval you need to secure your mortgage loan, then check us out at www.bancofino.com. Send us your bank turn downs. We'll breath new life into your loan request. We offer a wide array of loan services from hedge fund, institutional, conduit and hard money loans for purchasing office buildings, multi-family, shopping centers, land, churches and much more! How do we do it?

Bancofino and Federal Funding have joined together to bring you the industry's only true 100% LTV product. Bancofino will originate the loan and provide a term sheet approval. As an example, let's say the maxiumum LTV is 80%. Federal Funding will fund the difference as DPA to the buyer meeting the lender's downpayment requirement. The property must have an equal amount of equity matching the downpayment needed in order to achieve 100% LTV. This program is not a sure fire solution to all commercial transactions, but we find it serves over 75% of the deals submitted to us very well. Even if there is not enough equity in the deal, there are other methods available to secure the necessary financing for the borrower.

If you are a commercial broker in this business, it is wise to join us and start closing deals. You know how hard it is to close a commercial transaction. Now, more than ever with the CMBS market in turmoil, you need a partner who can help you seal the deal. Visit the Federal Funding site at www.fedfund.us and learn more on how to become a FedFunds Broker. You will be pleasantly surprised with our wide array of services offered to brokers, Realtors and investors. Join my Team today!

Richard David

BANCOFINO

Dallas, Texas

richard@bancofino.com

100% Commercial Financing • Investment Advisors • Nationwide Lending • DPA

Bancofino is a subsidiary of Federal Funding

What is Equity Financing?

Tue, 08 Jul 2008 10:34:54 -0700

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WHAT IS EQUITY FINANCING?

The EquiFund Program is a Federal Funding program. Equity capital is provided to buyers purchasing a business or commercial property. Equity from the seller's business or property is converted into cash funds as a non-repayable taxable grant deposited into the buyer's EquiFund bank account. The available amount of equity is the difference between the seller's final gross sales price and the buyer's purchase price at maximum appraised value as determined by a certified appraiser.

Buyers participating in the EquiFund Program will receive a 1099 at the end of the year and must record it as "miscellaneous income" on their tax records. It is recommended to consult with a tax advisor for details. The EquiFund Program is not a loan. There are no liens, seller seconds or promissory notes executed. The seller's property is encumbered for the amount needed for federal funding and paid off at time of closing. This is an innovative program designed to benefit buyers and sellers with a successful business transaction.

For additional information, send your inquiry to info@equifunds.us. Click on the links below to learn more about our services.

Commercial Equity Lenders • Business Finance • Loan Originators

www.equifunds.us

100% Commercial Financing? Does It Really Work?

Sat, 10 May 2008 21:08:13 -0700

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The most commonly asked question I get every single day is "can you really help me"? Yes is my typical reply. You can actually get 100% financing ONLY if all the elements needed to get 100% LTV are in place. Keep in mind, we are talking about Bancofino of New York originating the primary loan and Federal Funding funding the difference from "equity" provided it is there, otherwise look to bringing money to the table for the deficiency. What are the factors you should look for? Here is a short list. Note below:

1. Property equity. (must be existing and not ARV or to be entitled)

2. Cooperative seller allowing property to be encumbered for the amount of FedFunds needed.

3. Seller must agree to a SDE in the event of equity deficiency. If you don't understand the conventions mentioned here, please visit our site for a clear definition of the term.

4. Appraisal must match or exceed purchase price, otherwise prepare to possibly being additional funds to the table.

Combine the above elements and your chances of acquiring real estate at up to 100% LTV are good. Keep in mind that you do have initial expenses to bear with both with the origination of the loan and funding of the equity. These costs are nominal. As always, the appraisal would have to be paid at time of ordering. There you have it. A short summary of what it takes to successfully purchase real estate with no to little money down.

For additional information, visit our website at http://www.equifunds.us. Click on the links below to learn more about our services.

Regards,

Richard David

Funding Administrator

Commercial Equity Lenders • Loan Originators • Busines Finance