Finding New Business in 2008

Unusual financing deals? Precious stones, Mine excavating & Alternative energy projects

Gerald Biggs (Senderra Commercial Funding) — Wed, 11 Jun 2008 14:50:49 -0500

Senderra Commercial Funding is asking you, Do you have an unusual financing deal come across your desk and you weren't quite sure how to place it?

1. Precious stones purchase and refinance,

2. Mine excavating projects,

3. Movie financing,

4. Alternative energy projects,

5. Humanitarian projects,

6. BGs, MTNs, CMOs, SBLCs,

7. Purchase order contracts,

8. Buy/sell platforms,

9. Proof of funds

Send your Unusual financing deals to us. We will perform a free, no obligation assessment of your loan package and get back with you with in 48 hours.

BROKERS PROTECTED
CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

OR

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

New Commercial Loans for Stated Income - 504

Gerald Biggs (Senderra Commercial Funding) — Mon, 02 Jun 2008 16:17:06 -0500

Stated Income - 504

Commercial properties occupied over 51% by an established operating company. Special pricing on Express with 504 loans.

Program Highlights:

Max 1st Mortgage loan amount - $2,000,000

30-year Fixed Rates

Combined LTVs - to 93%

Fully Amortizing 30-year term

No call provisions or balloon payments

Underwritten to stated personal income, not business cash flow

Qualifying Parameters:

This program is designed for speed so the paperwork is minimized and the closing process is expedited. The borrower does not provide tax returns or financial statements.

    * Borrower in business for a minimum of 2 years

    * Borrower occupies greater than 51% of subject property

    * Borrower completes our application and supplement forms

    * Minimum average credit score of at least 680

    * Stated income must provide at least 1.5:1.0 DSCR including payments on the CDC debenture.

Program Options:

Eligible commercial property types for this program are more limited.

    * Fixed, Hybrid, and ARM rate options

    * Multiple prepayment penalty options

    * Ability to prepay up to 20% of principal within any rolling 12-month period without prepayment penalty

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package.

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

OR

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

New Commercial Programs for Stated Income Clients

Gerald Biggs (Senderra Commercial Funding) — Mon, 02 Jun 2008 16:11:27 -0500

Stated Income

This program is designed for business owners who want to maximize their loan-to-value ("LTV") and minimize the required paperwork.

Eligible commercial properties are more than 50% owner-occupied.

Program Highlights:

Maximum 1st Mortgage loan amount - $2,000,000

Purchase - to 70% LTV

Refinance - to 60% LTV

Cash out - to 50% LTV

Qualifying Parameters:

* Minimum average credit score of 680 for purchases and rate term refinances

* Minimum average credit score of 700 for cash out refinances

Program Options:

* Preferred pricing for lower LTV loans

* Fixed, Hybrid, and ARM rate options

* Fully Amortizing 30-year term

* No call provisions or balloon payments

* Multiple prepayment penalty options

* Ability to prepay up to 20% of principal within any rolling 12-month period without prepayment premium

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

New Commercial Loan Programs for Investor / Multifamily loans

Gerald Biggs (Senderra Commercial Funding) — Mon, 02 Jun 2008 14:55:56 -0500

Investor / Multifamily loans

Our Investor program is designed for multi-use commercial, mixed-use and multifamily properties. Minor construction provisions are allowed. Eligible multifamily properties include apartments with 5+ units and mixed-use properties with less than 50% commercial.

Program Highlights:

30-year Fixed Rates

Purchases to 75% LTV

Fully Amortizing 30-year Term

No call provisions or balloon payments

1st Mortgage amount up to $5,000,000

Qualifying Parameters:

* Minimum average credit score of 680

* 50% or less owner occupancy

* 90% or better stabilized occupancy within the 90 days Program

Options:

* Preferred pricing for lower LTV loans

* Hybrid and ARM interest rate options

* Multiple prepayment penalty options

* Ability to prepay up to 20% of principal within any rolling 12-month period without prepayment premium

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

New Full Documentation Commercial loan Programs

Gerald Biggs (Senderra Commercial Funding) — Mon, 02 Jun 2008 14:19:18 -0500

Full Documentation Commercial loans:

High loan-to-value ("LTV") program considers business and personal income, as well as traditional property income, and is designed for business owners with commercial property at least 25% owner-occupied.

We need a completed loan application (1003, 1008) and a complete set of supporting documents, including:

* Debt schedules

* Other applicable docs

* Credit reports less than 30 days old

* 2 years personal and business and tax returns and current interim business financial statements

Program Highlights:

Maximum 1st Mortgage loan amount - $5,000,000 and lower

Purchases - to 90% LTV

Refinance - to 85% LTV

Cash out - to 75% LTV

Minimum average credit score - 600

Targeted DSCR of - 1.2:1 based on combined income sources

Options:

* Fully Amortizing 30-year term

* Multiple prepayment penalty options

* No call provisions or balloon payments

* Preferred pricing for larger loans and lower LTV loans

* Ability to prepay up to 20% of principal within any rolling 12-month period without prepayment premium

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package.

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

Church Loan Rates

Gerald Biggs (Senderra Commercial Funding) — Tue, 20 May 2008 16:31:22 -0500

Current Church loan Rates

Fixed Term Amortization Rate

5 20 5.95%

5 25 6.25%

10 20 6.25%

10 25 6.75%

20 20 6.90%

5 30 6.25%

Whether your Church is looking to buy, construct, renovate or just refinance a building we want to help you. We are Church financing experts and as such we recognize that not one shoe fits all feet and that is why we have designed a number of different programs to help as many Churches as possible.

If you have been in business at least 3 years and are looking to borrow at least $100,000 we probably have a program for you.

Examples of programs: These are traditional loans and not bonds.

Easy Qualifier Program: This is our most lenient program and is generally used for two different purposes. When a Church is growing quickly and can not support its debt on a historical basis according to traditional bank standards this is a good program. This is also a good program when a Church is in a turn around situation; maybe they have had some membership declines and are having difficulty being approved under bank standards. The rates are slightly higher but a Church can borrow up to 4.5 times its gross income. No personal guarantees on the loan.

Traditional 5/25 and 5/20: This is a traditional loan program and offers some of the very best rates around for Churches. Loan to values go up to 85% in certain cases and rates are extremely good. This program uses traditional debt service coverage for underwriting purposes. No personal guarantees on the loan. This program is available to mortgage brokers.

Church Saver: This program was specifically designed to help Churches that are in trouble with their current lender refinance their loan and get back on their feet. We can even help Churches that are in Bankruptcy and foreclosure. The interest rates are obviously higher than our other Church programs but the payments are based on interest only to help keep them lower. Maximum loan to value is 65% of the quick sale evaluation which generally is about 60% of the properties appraised value. No personal guarantees on the loan. This program is not available to mortgage brokers.

Construction Program: Pay interest only during construction and have your loan automatically turn into a permanent mortgage when construction is completed. Fixed rates available and you can finance up to 100% of the construction cost depending on ownership of the land. No personal guarantees on the loan. This program is available to mortgage brokers.

If your Church needs financing we want to help you!!! Please let me know if you have any questions.

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package.

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

THANK YOU, ACTIVERAIN!!!

Gerald Biggs (Senderra Commercial Funding) — Thu, 15 May 2008 15:07:18 -0500

THANK YOU, ACTIVERAIN!!!

We can’t thank you enough for all the referrals that come from this site. We get in 2 to 5 leads a week from our web site. Everybody we talk to we tell them about ActiveRain and the success we’ve had with your company.

Thanks again!!!

Sincerely,

Gerald Biggs

Managing Director

Senderra Commercial Funding

682-518-5051 Office

847-745-5803 eFax

214-991-7586 Cell

Gerald@SenderraCF.com

http://activerain.com/gee_scfunding

With Offices in Arizona, Boston, California, Kansas, Maryland, and Texas.

Hard Money, Private Investors & Conventional Banks

Gerald Biggs (Senderra Commercial Funding) — Thu, 15 May 2008 14:45:42 -0500

Senderra Commercial Funding has a number of Hard Money, Private Investors & Conventional Banks willing to fund your deals. Credit scores of 400 to 900, in or out of bankruptcy.

Loan amounts from $100K to No Limit. Our Investors consider projects Nation wide

We are looking for those bold projects that do not fit traditional lending criteria, 'Out of the Box Loans.'

Apartment/Multifamily Units, Automobile Dealerships, Car Washes, Casinos, Church & Religious Financing, Day Care Centers, Health Care Facilities, Hotels/Motels, Industrial Buildings & Parks, Manufacturing Facilities, Malls, Medical Buildings, Mixed Use Properties, Movie Theatres, Owner Occupied Buildings, Office Buildings, Raw Land, Retail Shopping Centers, Truck Stops, Shopping Centers, Strip Centers, Storage Facilities, Warehouses and much much more........

Refinance, Cash Out, Bridge and SBA Loans Income Producing Properties ~ Real Estate Based Loans ONLY!

BROKERS PROTECTED

We will perform a free, no obligation assessment of your loan package.

CONTACT

Gerald@SenderraCF.com or Morgan@SenderraCF.com

Dallas ~ Fort Worth TX

682-518-5015 Office

Dana@SenderraCF.com

Atchison, KS

913-367-4996 Office

* Currently we are NOT looking at any single family dwelling, condo, townhouse or residential subdivision developments due to the deterioration in that market at this time.

Senderra Commercial Funding

Gerald Biggs (Senderra Commercial Funding) — Mon, 12 May 2008 14:58:03 -0500

Programs Available Senderra Commercial Funding is an authorized representative for several major private investors groups and a select group of lenders. Our loan processors complete the “First Cut Underwriting” for the nation’s top commercial institutions including; insurance companies, commercial banks, Wall Street firms, real estate investment trusts and the Small Business Administration.

This gives us the lending options you need to participate in today’s increasingly competitive capital marketplace. Our commitment is to understand thoroughly the scope of your project and to provide you with the most timely and attractive financing possible.

At Senderra Commercial Funding, we strive to make your life easier. Commercial real estate loans are hard to do, difficult to work with and expensive to close. Knowing what we know, our goal is to make the process as easy as possible for you. We have the knowledge, experience and the extensive relationships formed over the past 25+ years with commercial institutions and private investors to get a yes when most banks say no.

Senderra Commercial Funding will do all of the work — so you can keep doing what you do best; originating loans. Our programs are ideal for those Brokers who receive commercial loan requests but have neither the time nor the industry relationships to underwrite and fund them. If you are not currently taking advantage of the requests that you do receive, then you are missing a great income stream.

Property Types

* Automotive

* Churches

* Commercial Re-Finance

* Condominium Buildings

* Convenience Stores

* Day Care Facilities

* Dry Cleaners / Laundromats

* Fast Food Restaurants

* Health Care / Assisted Living

* Hotels & Motels

* Industrial / Warehouse

* Land Acquisition

* Malls * Mixed use

* Mobile Home Parks

* Multi-Units Apartments

* Offices * Restaurants

* Self Storage

* Service Stations

* Shopping Centers Loans

* From $250K to NO LIMIT

* Qualified up to 90% LTV

* Acquisitions

* Business Loans

* Conduit Lending

* Private Capital / Hard Money

* Purchase * Refinance * Cash Out * Mergers & Acquisitions * Bridge & SBA Loans * Real Estate-based Funding

Contact

Dana Watts 913-367-4996 Office

Dana@SenderrCF.com Kansas Offices

Gerald Biggs 682-518-5051 Office

Gerald@SenderraCF.com Texas Offices

With Offices in Arizona, California, Kansas, Maryland, New Jersey, and Texas. Thank you for your business!

Owner Occupied Properties and Self-employed Borrowers who can’t verify their income....

Gerald Biggs (Senderra Commercial Funding) — Mon, 12 May 2008 14:43:55 -0500

Commercial loans - Our Best program

* Stated Income - Stated Assets loans from $100K to $2.0M FICO 675 or above. Requiring no personal tax returns. Perfect for owner occupied properties and self-employed borrowers who can’t verify their income. All we need is 1003 (loan application) and a credit report within 30 days! The Advantage * Simple loan documents

* No loan committees

* Brokers protected

* Impounds required for taxes and insurance

* Quick Closings – 30-45 days! STATED: $100,000 to $2M - FICO for Stated is 675 1003 Credit Report Rent Roll (if Class I or II) Property Types FULL

* DOC: $100,000 to $3M - FICO for FULL Doc is 650 1003 Credit Report Rent Roll 2 years of personal tax returns

We can issue an LOI within 72 hours

CONTACT

Dana Watts 913-367-4996 Office

Dana@SenderrCF.com

Kansas Offices

Gerald Biggs 682-518-5051 Office

Gerald@SenderraCF.com

Texas Offices

With Offices in Arizona, California, Kansas, Maryland, New Jersey, Ohio and Texas.

Thank you for your business!

Private Money available Nationwide $100k min

Gerald Biggs (Senderra Commercial Funding) — Mon, 12 May 2008 14:35:42 -0500

Sweet Spot in Texas, NJ, NY, PA & CA $75K - $3MM 12% - 16% 5 - 10 pts 50% - 65%

All Property types considered - (ESPECIALLY income producing real estate) But...we can close deals quickest /most flexibility on private money deals in Texas ($100k - $3.5mm) & make the most money on pts.

Stated $50k - $2.5MM program - no minimum score $500k - $2mm program - 680 min. fico score

(multifamily, mixed-use, retail, office, warehouse, light industrial, special purpose, bed & breakfast, automotive, etc....)

* Full Doc $100k - $4mm - 660/680 minimum score $500k - $5mm - 660 minimum score

(600 min score if owner occupied) (multifamily, mixed-use, retail, office, warehouse, light industrial, special use purpose)

*Programs for over $5mm available upon request

CONTACT

Dana Watts 913-367-4996

Office Dana@SenderrCF.com

Kansas Offices

Gerald Biggs

682-518-5051 Office

Gerald@SenderraCF.com

Texas Offices

With Offices in Arizona, California, Kansas, Maryland, New Jersey, Ohio and Texas.

Thank you for your business!

"YOU ARE LOSING "MONEY" NOT GETTING YOUR COMMERCIAL LOANS CLOSED?

Gerald Biggs (Senderra Commercial Funding) — Mon, 12 May 2008 14:09:36 -0500

"YOU ARE LOSING "MONEY" NOT GETTING YOUR COMMERCIAL LOANS CLOSED?

You don't have a resource for your Commercial loans? Now you do!... "SENDERRA COMMERCIAL FUNDING"

Run it by us first let us see what we can do to help get those loans closed. You have nothing to loose and 'MONEY' to gain! We can provide financing for a wide variety of properties. Income producing property ONLY...

Our Best program

* Stated Income - Stated Assets loan amounts from $100K to $3.5M credit scores 680 or above. All we need is 1003 (loan application) and a credit report within 30 days and we will do the rest! Eligible properties include:

* Mixed Use - These properties integrate residential spaces with commercial uses, such as retail or office space. Often these properties have a ground floor retail store or office with apartment(s) above, all in the same building.

* Multi-Family Housing - We fund residential structures that contain five or more dwelling units in the same building. These multi-story buildings generally offer individual apartments for rent with common area facilities, such as an entrance, lobby, elevator, stairs, hallway, walks or grounds.

* Retail/Office Buildings - This category includes stand-alone buildings such as offices, supermarkets, convenience stores, drug stores, department stores, bakeries, and beauty shops as well as strip centers, and neighborhood and community shopping centers.

* Warehouses/Light Industrial Properties - Single and multi-tenant facilities that are used for warehousing, light manufacturing, distribution, research and development. Does not include buildings where heavy manufacturing or specialized industrial operations such as welding occur.

* Automotive Services - Includes everything from auto repair facilities to retail auto shops and part supply stores.

* Special Purpose/Unique Properties - We will consider all commercial and unique properties that fall within our program guidelines and loan amounts, including funeral homes, campgrounds, trailer and mobile home parks, gas stations and others.

* Hotels/Motels - With our industry knowledge and expertise, we feel we understand the non-flagged world of hotels and motels better than most lenders. Our valuation assumptions are based on facts relative to the specific property.

* Self-Storage Facilities - Now one of the most competitive building classes in the country, these facilities are designed primarily for storage. This category also includes cold storage, RV and boat storage facilities, and truck terminals (transit facilities).

* Health Care - Included in this category are all Assisted Living or Nursing Home types of operations where a license is required to operate the business.

"Income Producing Property ONLY"

We will also look at loans from $100K to no limit with credit scores 500 & up.

Gerald Biggs

682-518-5015 Office

Gerald@SenderraCF.com

Dana Watts

913-367-4996 Office

Dana@SenderraCF.com

Bridge Financing nationwide

Gerald Biggs (Senderra Commercial Funding) — Thu, 17 Apr 2008 22:48:52 -0500

Bridge Financing nationwide

$1mm - $50mm
65% (hotels/motels - flagged, marinas, auto, & owner occupied)
75% (multi-family, office, retail, mixed-use, warehouse/flex)
10% - 13%
1-2 Yr Term
12 month interest reserve available

6 - 8 pts
600+ mid fico
*Fast closings (can close in 7 - 14 days) & LOW DSR

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

Kansas Offices

Gerald Biggs
682-518-5051 Office
Gerald@SenderraCF.com
Texas Offices

With Offices in Arizona, California, Kansas, Maryland, New Jersey, Ohio and Texas.

Thank you for your business!

New company email addresses

Gerald Biggs (Senderra Commercial Funding) — Thu, 17 Apr 2008 19:31:32 -0500

SENDERRA COMMERCIAL FUNDING HAS NEW EMAIL ADDRESSES PLEASE MAKE A NOTE

Gerald Biggs
Managing Director

Senderra Commercial Funding
682-518-5051 Office
847-745-5803 eFax
214-991-7586 Cell
Gerald@SenderraCF.com

Dana Ober-Watts

President
Senderra Commercial Funding
625 Commercial Street, Suite 6
Atchison, Kansas 66002
(913) 367-4996 Office
(913) 367-4096 Fax
(913) 426-1034 cell
Dana@SenderraCF.com

Morgan Johnson
Chief Operations Officer

Senderra Commercial Funding

445 E FM1382 # 3-307
Cedar Hill TX 75104 - 6047
682-518-5051 Office
847-745-5803 eFax
817-688-6659 Cell
Morgan@SenderraCF.com

NO FICO REQUIRED!

Gerald Biggs (Senderra Commercial Funding) — Wed, 09 Apr 2008 20:24:53 -0500

NO FICO REQUIRED!

Our loans typically fall outside the guidelines of traditional financial institutions and sub-prime lenders due to low credit scores (below 500 FICO), NOD's, BK's, limited documentation, cash out and high debt ratios.

    * 300 FICO = OK
    * Current Bankruptcy = OK
    * Current Foreclosure/ Notice of Sale = OK
    * Unlimited Lates = OK
    * No Seasoning = OK
    * Unlimited Cash Out

LOAN GUIDELINES & HIGHLIGHTS

    * Commercial, Residential
    * Loans from $100,000 to $200,000,000
    * SFR Up to 65% LTV
    * Commercial Up to 75% LTV
    * Lending Area for Residential: AZ, CA, CO, NV, OR, and WA
    * Lending Area for Commercial: Nationwide - Metro Areas Only
    * Stated and Bank Statement programs

EASY LOAN SUBMISSION: QUICK TURNAROUND
Submit loans by email, by telephone, or by fax. There is no approval or set-up process required to bring us a deal. To start we need:

    * Completed 1003/1008
    * Credit Report
    * Appraisal (if ordered) with color pictures

Brokers are protected

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

Kansas Offices

Gerald Biggs
682-518-5051 Office
Gerald@SenderraCF.com
Texas Offices

With Offices in California, Kansas, Ohio and Texas. Opening offices soon in Arizona, New Jersey & Maryland

Thank you for your business!

Hard Money & Private money loans - Senderra Commercial Funding

Gerald Biggs (Senderra Commercial Funding) — Mon, 31 Mar 2008 13:23:30 -0500

A 'hard money' loan, also known as a 'private money' loan, 'equity-based' loan, or 'asset- based' loan is based primarily on real estate collateral. Private lenders fund the loans rather than institutions such as banks. Since the collateral is sufficient to recover the original investment if the borrower defaults, other borrower qualifications are minimized. Credit history and credit scores are not as important. Borrower income is still a factor in many situations, (Not on Stated income stated assets loans) but not as important as conventional lending.

Senderra Commercial Funding is your source for ALL Hard Money Loans. With over 15 years of experience in all areas of lending including hard money lending, we are able to offer specialized loan programs to fit everyone from corporations to individuals ranging from $100,000 - No Limit. Our team has the experience to process and close all types of fast hard money loans including large and small acquisition loans, bridge loans, mezzanine loans and financing, asset based, construction loans and more. If you need hard money financing, let our highly experienced team get your project funded and closed......FAST.

Sweet Spot in Texas, NJ, NY, PA,CA NE, NC, DE, MD,VN, North FL

Stated
$50k - $850k program - no minimum score
$500k - $3mm program - 680 min. fico score
(Multifamily, mixed-use, retail, office, warehouse, light industrial, special purpose, bed & breakfast, automotive, etc....)

Full Doc
$100k - $4mm - 660/680 minimum score
$500k - $5mm - 660 minimum score (600 min score if owner occupied)
(Multifamily, mixed-use, retail, office, warehouse, light industrial, special purpose)

Types Of Hard Money Loans Available:

Hard Money Acquisition Loan
A hard money acquisition loan is used to acquire real estate using the loan proceeds. $100,000 to No Limit.

Mezzanine Financing & Loan
A Mezzanine loan is a loan that is subordinate to a Primary Lender. Mezzanine Loans are a debt instrument which is paid back at the time of sale of refinance of the total capital stack. The lender may take an equity ownership in addition to the debt that will be paid out on the proceeds of the sale. Mezzanine loans have flexible structure including debt and equity mixes that can increase your leverage.

Loans on property or the business with equity in either ownership or warrants in the company. Used to buy valuable property or business or even buy out an existing partner. The program provides additional funding when first mortgage is at maximum loan amount. Up to 3-year terms available. $100,000 and larger depending on equity.

Hard Money Acquisition & Development Loan.
These hard money loans are used to both acquire and develop real property to an improved state. Loan proceeds are dispersed with interest only paid on funds distributed. Hard Money Loan to value is determined as to the overall improved value.

Asset Based Hard Money Loan
These hard money loans are for any purpose whereby collateral is put up for security.

Hard Money Bridge Loan
A hard money bridge loan is a loan that is used for a short period of time until a permanent loan or financing is put in place. Bridge loans are a perfect hard money solution to a timely acquisition or business opportunity simply because they allow you to act quickly. These hard money loans can be used:

    * Acquisitions
    * Buy-Outs
    * Foreclosures
    * Cash Out
    * Construction
    * Commercial Property
    * Apartments Buildings
    * Hotel / Motel
    * Office Buildings and Complexes
    * Golf courses, and almost all commercial businesses.
      Short-term programs available (6-24 months) No Limit on funding.

Hard Money Construction Loan
A hard money construction loan is a loan used to construct a building or other improvements of real property, with the land and improvements as collateral for the loan. Construction reserve accounts are generally maintained to disburse the money as the construction progresses. Up to 100% cost of construction available depending on the improved value. Type of collateral property ranges from home construction to large commercial projects.

Hard Money Raw Land Loan
Unimproved real property. From lot(s) to large acreage. Normally raw land is valued as a “as is” value or a 90-day "quick sale" price to determine loan-to-value ratios. $100,000 to No Limit with LTV’s at 55%

Sweet Spot in Texas, NJ, NY, PA,CA NE, NC, DE, MD,VN, North FL

Hard Money Commercial Lending Criteria & Loan Rates

    * Loan Size - From $100,000 - No Limit
    * Location - Urban and suburban US properties
    * Collateral - All Property types will be considered
    * Rates - 12%- 16%
    * Terms - 1-3 years, interest only
    * Max LTV - 75% LTV - Depends on property type and improvements
    * Creative/Flexible - Blanket loans; points and fees wrapped into the loan; multiple income sources considered.

Call us today for All Your Hard Money Loans.

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

Private Money available

Gerald Biggs (Senderra Commercial Funding) — Sun, 30 Mar 2008 15:03:43 -0500

Private Money
Nationwide ($100k min)
Sweet Spot in Texas, NJ, NY, PA & CA $75K - $3MM

13% - 16%
5 - 10 pts
50% - 65%
All Property types considered - (ESPECIALLY income producing real estate)
But...we can close deals quickest /most flexibility on private money deals in Texas ($100k - $2mm) & make the most money on pts.

Stated
$50k - $850k program - no minimum score
$500k - $2mm program - 680 min. fico score

(multifamily, mixed-use, retail, office, warehouse, light industrial, special purpose, bed & breakfast, automotive, etc....)

Full Doc
$100k - $4mm - 660/680 minimum score
$500k - $5mm - 660 minimum score (600 min score if owner occupied)
(multifamily, mixed-use, retail, office, warehouse, light industrial, special purpose)

*Programs for over $5mm available upon request

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

Senderra Commercial Funding Hottest programs

Gerald Biggs (Senderra Commercial Funding) — Sun, 30 Mar 2008 14:55:41 -0500

Bridge Financing nationwide
$1mm - $50mm
65% (hotels/motels - flagged, marinas, auto, & owner occupied)
75% (multi-family, office, retail, mixed-use, warehouse/flex)
10% - 13%
1-2 Yr Term
12 month interest reserve available
6 - 8 pts
600+ mid fico
*Fast closings (can close in 7 - 14 days) & LOW DSR

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

New Office Numbers

Gerald Biggs (Senderra Commercial Funding) — Sun, 30 Mar 2008 13:52:50 -0500

SENDERRA COMMERCIAL FUNDING

has moved to our new offices as of April 1, 2008

Gerald Biggs
Gerald@SenderraCF.com
682-518-5051 Office ~ 847-745-5803 Fax

http://activerain.com/gee_scfunding
With Offices in California, Kansas, Ohio and Texas

Perfect for owner occupied properties and self-employed borrowers who can’t verify their income.

Gerald Biggs (Senderra Commercial Funding) — Wed, 19 Mar 2008 21:55:09 -0500

Commercial loans

- Our Best program - Stated Income - Stated Assets loans from $100K to $2.0M FICO 675 or above. Requiring no personal tax returns. Perfect for owner occupied properties and self-employed borrowers who can’t verify their income. All we need is 1003 (loan application) and a credit report within 30 days!

The Advantage
    * Simple loan documents
    * No loan committees
    * Brokers protected
    * Impounds required for taxes and insurance
    * Quick Closings – 30-45 days!

STATED: $100,000 to $2M - FICO for Stated is 675
1003
Credit Report
Rent Roll (if Class I or II) Property Types

FULL DOC: $100,000 to $3M - FICO for FULL Doc is 650
1003
Credit Report
Rent Roll
2 years of personal tax returns

We can issue an LOI within 72 hours

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

HARD MONEY - Loan amounts $100k to $3.0 million

Gerald Biggs (Senderra Commercial Funding) — Wed, 19 Mar 2008 19:12:16 -0500

HARD MONEY - Loan amounts $100k to $2.0 million, requiring no personal tax returns. Perfect for owner occupied properties and self-employed borrowers who can’t verify their income.

Property Types:
Class I: Multifamily (5 units or more) in NJ (7 units or more) and mixed use (up to 80% LTV)
Class II: Office, retail, warehouse, self storage, mobile home parks
Class III: Light industrial, restaurants (even stand alone restaurants), hotels/motels, automotive services (must clear environmental risk parameters) (On Restaurants) - stated 55% LTV and full doc 65% LTV

Loan Types
    * Purchase
    * Refinance
    * Cash-out Refinance (no limit on cash out)

Loan Amount     $100,000 to $3.0 million

LTV     Up to 80% (CLTV = Matrix LTV)

Fixed Period     3, 5, 10 and 30 - year fixed rate

Term     20 year fully amortizing (15, 25 and 30-year amortization available)

Minimum FICO     675

Minimum DCR     1.20

Points     PAR

The Advantage
    * Simple loan documents
    * No loan committees
    * Brokers protected
    * Impounds required for taxes and insurance
    * Quick Closings – 30-45 days!

Documents:
STATED: $100,000 to $2M - FICO for Stated is 675
1003
Credit Report
Rent Roll (if Class I or II) Property Types (I will explain what those are in a minute)

FULL DOC: $100,000 to $3M - FICO for FULL Doc is 650
1003
Credit Report
Rent Roll
2 years of personal tax returns

We can issue an LOI within 72 hours

"Income producing property ONLY"

CONTACT

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

"YOU ARE LOSING "MONEY"

Gerald Biggs (Senderra Commercial Funding) — Thu, 06 Mar 2008 16:55:50 -0600

"YOU ARE LOSING "MONEY"
NOT GETTING YOUR COMMERCIAL LOANS CLOSED?
You don't have a resource for your Commercial loans? Now you do!!! ...

"SENDERRA COMMERCIAL FUNDING"

Can't get a commercial loan approved or you don't know where to send them? Run it by us first and let us see what we can do to help get it closed. You have nothing to loose and MONEY to gain! We can provide financing for a wide variety of properties.

Our Best program - Stated Income - Stated Assets loans from $100K to $1.5M credit scores 660 documents needed: 1003 (loan application) Tri-Merge credit report with in 30 days.

Eligible properties include:

    * Mixed Use - These properties integrate residential spaces with commercial uses, such as retail or office space. Often these properties have a ground floor retail store or office with apartment(s) above, all in the same building.

    * Multi-Family Housing - We fund residential structures that contain five or more dwelling units in the same building. These multi-story buildings generally offer individual apartments for rent with common area facilities, such as an entrance, lobby, elevator, stairs, hallway, walks or grounds.

    * Retail/Office Buildings - This category includes stand-alone buildings such as offices, supermarkets, convenience stores, drug stores, department stores, bakeries, and beauty shops as well as strip centers, and neighborhood and community shopping centers.

    * Warehouses/Light Industrial Properties - Single and multi-tenant facilities that are used for warehousing, light manufacturing, distribution, research and development. Does not include buildings where heavy manufacturing or specialized industrial operations such as welding occur.

    * Automotive Services - Includes everything from auto repair facilities to retail auto shops and part supply stores.

    * Special Purpose/Unique Properties - We will consider all commercial and unique properties that fall within our program guidelines and loan amounts, including funeral homes, campgrounds, trailer and mobile home parks, gas stations and others.

    * Hotels/Motels - With our industry knowledge and expertise, we feel we understand the non-flagged world of hotels and motels better than most lenders.
Our valuation assumptions are based on facts relative to the specific property.

    * Self-Storage Facilities - Now one of the most competitive building classes in the country, these facilities are designed primarily for storage. This category also includes cold storage, RV and boat storage facilities, and truck terminals (transit facilities).

   * Health Care - Included in this category are all Assisted Living or Nursing Home types of operations where a license is required to operate the business.

"Income producing property ONLY"

We will also look at loans from $100K to $25M credit scores 500 & up

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

Senderra Commercial Funding - Outlined our programs

Gerald Biggs (Senderra Commercial Funding) — Thu, 28 Feb 2008 12:29:07 -0600

I have outlined our programs please note our recent changes... we will still entertain lower FICO...of 500

Please pass on this recent update to all your team, due to the present market and approvals of loans.... we have noticed a trend in borrowers not making their initial mortgage payment on time, as a result they have implemented a 1% commitment fee. How this is going to work, it will be included at the time of closing after the 1st mortgage payment is made, we will refund this 1% back to the borrower 100% guaranteed.

Loan Amounts up to $100K to 6 Million Dollars we will look at loans up to $20 Million.

Income Producing Properties ONLY!

Full Documentation Program

    * LTV Up to 85%
    * Loan Amounts up to 6 Million Dollars
    * Bank Comparable Interest Rates
    * As low as 3 year Pre-Payment Penalties
    * Owner Occupied & Investment Properties
    * 15 – 30 Year AM

The requirements for a Full Documentation Loan Are as Follows:

    * 660 FICO Score
    * Fully Completed 1003
    * 2 Years Personal Taxes
    * 2 Years Business Taxes
    * Profit and Loss Statements
    * Rent Rolls (if applicable)

Debt Service Credit Requirement Program

    * Light Documentation
    * LTV Up to 80%
    * Loan Amount up to 1.5 Million Dollars
    * Bank Comparable Interest Rates
    * As Low as 3 year Pre-Payment Penalties
    * Investment Properties

The requirements for a Debt Service Credit Requirement Loan Are as Follows:

    * 660 FICO Score
    * Fully Completed 1003
    * Profit and Loss Statements
    * Leases
    * Rent Rolls
    * 2 Months of Bank Statements

The requirements for a Stated/Stated Loan Are as Follows:

Stated Income and Stated Assets Program

    * No Documentation Program
    * LTV Up to 80%
    * Exceptional Rates
    * As Low as 5 year Pre-Payment Penalties
* Investment and Owner Occupied Properties

    * 600 FICO Score
    * Fully Completed 1003
    * 6 Months Bank Statements

Hard Money - Bridge Financing:

    * LTV    65%
    * Points 6
    * Rate    13%
    * Term   1 – 3 YR Term *Interest Only

Hard Money - Bridge Financing Stated/Income Asset Option:

    * LTV 60%
    * Points 3 – 5
    * Rate 12.750%
    * 1 – 3 YR Term *Interest Only
    * Loan amounts $100K to $6 Million, 20 YR AM,

Refinance & Cash-Out Full Doc

    * FICO:    660 Score
    * Term:    15 – 30 Year AM
    * Rate:     9.50% – 10.50%
    * Points:    2 – 3
    * Estimated LTV: 75% LTV

Income Producing Properties ONLY!

Dana Watts
913-367-4996 Office
Dana@SenderrCF.com

The Biggest Bills in United States History

Gerald Biggs (Senderra Commercial Funding) — Thu, 21 Feb 2008 00:46:39 -0600

The $500 Bill

Yes, it may be hard to believe but the U.S.
Government did print $500 bills for the general
public at one point in history. This specific
$500 bill was printed in 1928 and displays a
portrait of the twenty-fifth President, William
McKinley. Today, there are very few of these $500
bills left. Nowadays, they are collectors' items
and sell for thousands. The funny thing is that
they still could be used in stores today, because
by law they are still U.S. Currency.

The $1,000 Bill

The United States government also printed $1,000
bills, which circulated in the American general
public. This specific $1,000 bill was printed in
1928 and displays a portrait of the twenty-fourth
president, Grover Cleveland. The $1,000 bills are
also collectors' items. The $1,000 bill and all
bills over $100 were printed until 1946 before
they were discontinued. They were allowed to
circulate in the general public until 1969 when
they were recalled. The only remaining big bills
are the ones that were not turned in on the recall.
There are very few bills left and are all worth
thousands of dollars.

The $5,000 Bill

The United States government also printed a $5,000
bill, which circulated in the American general public
until 1969 when it was recalled. This specific $5,000
bill was printed in 1934 and displays the portrait
of the fourth president of the United States, James
Madison. There are less than five hundred $5,000
bills remaining in the world.

The $10,000 Bill

The $10,000 bill was the largest of all bills that
was printed and circulated in the American general
public. This specific $10,000 bill was printed in
1934 and contains the portrait of U.S. Treasury
Secretary Chase. These bills were also recalled in
1969 and very few are still around today.

The $100,000 Bill

The $100,000 bill is actually not a bill at all, it's a gold certificate. What's a gold certificate?
Well a gold certificate is money that the government prints that only it can own and use. It is intended for us only in Fiscal Channels. They were never issued or used for general circulation. This specific gold certificate was printed in 1934 and displays a portrait of the 28th president, Woodrow Wilson. There were only 42,000 $100,000 gold certificates printed and the only ones around today are not for sale and are used for educational purposes only. The few remaining undestroyed $100,000 gold certificates are institutionalized today and may be seen only in some museums.

Hair dryer blow outs spark safety concerns

Gerald Biggs (Senderra Commercial Funding) — Wed, 20 Feb 2008 00:19:18 -0600

Millions of Americans start their day by blow drying their hair. However, a News 8 investigation discovered hair dryer complaints that included shooting fire, electric shocks and even statements of hair dryers "turning on" by themselves.

Like any product, hair dryers do wear out, but should that create a safety concern? That's what hair stylist Troy Brodford said he wants to know. In the last 10 years, he has burned through four hair dryers.

"It's just the constant back and forth of the hair dryer," he said.

Brodford said one of his hair dryers shot out a small flame where the cord met the body of the dryer.

"It literally blew an arc," he said. "It would just spark because the wires separate in that cord, and when they touch together, it winds up [and] it creates an arc."

After Brodford called with the complaint, News 8 checked with the government's Consumer Product Safety Commission and discovered he isn't alone.

In the last three years, CPSC has received almost 140 complaints about hair dryers, which included hair dryers that allegedly appeared to turn on by themselves and others that started fires.

There were also complaints of short circuits where the "cord attaches to the handle," resulting in "electric shock" or "burns." Many complained of "flames shooting out" of their hair dryer.

"Basically, no one wants to have the fourth of July in their bathroom," said Joan Markoff, of Sacramento.

She is among those that reported dryer problems. She said her hair dryer shot sparks from where the cord met the handle. The manufacturer of her Revlon dryer said the unit was 6-years-old and the cord had worn out.

"You expect your hair dryer to die at the end of its period of use, but you don't expect it to spontaneously combust in your bathroom," Markoff said.

Joanna Bens, of Rockwall, said her hair dryer lit her hair on fire and burnt her scalp.

"It was like a candle-size fire," she said.

The government did not investigate and it's still unknown if the fire was caused by a short circuit. Remington, the company that made the unit, said it was an "isolated incident."

Along with other documents, product safety expert Lanny Berke reviewed photos of damaged cords produced by the CPSC. Berke concluded some cords cannot handle the constant back and forth strain required to dry one's hair.

"It's a very strong cause for concern," he said.

So, which brands are spurring complaints? Unfortunately, the government blacked that line out on every record it provided. Without that information, News 8 doesn't know what kind of hair dryer is responsible for incidents like the $40,000 house fire in Pennsylvania. Officials concluded the fire was started with a hair dryer that was off when the homeowner went to work.

Stylist Brodford said he can understand how that might happen since he said his wife's hair dryer recently developed a short too.

Some manufacturers say many people shorten the life of their hair dryer by wrapping the cord too tightly when they put it away. For safety, Berke said the best thing to do is occasionally inspect the power cord for wear. If it looks like it's compromised, stop using it.