Even Local Banks are tightening up their lending guidelines....

Wow! Lot's of changes on Main Street USA...the plain, jane vanilla commercial loan you expected to get from your local bank may not be there for you....LOTS of reasons, but it all boils down to your hometown bank is very nervous about the future.

I've gotten several referrals from my banking partners....all good deals, the banks just don't want to lend on the big commercial projects right now....of course, they love their friendly broker buddies (ME), because they know I have no interest in taking their depositors...

If you or your client have been turned down by your local bank, be sure to give us a ring at 281-852-9422. We have programs from NO DOC - to STATED INCOME - and direct Wall Street Conduit pricing...which is better than bank rates anyways.

We'd love to help you if you've been turned down by your local bank!

Brian

www.walkercommercialfunding.com

 

 
Post is included in group: Houston Texas Real Estate
Post is included in group: Commercial Lending
Post is included in group: WEIRD LOAN AND COMMERCIAL MORTGAGE FORUM

1 Comments on Even Local Banks are tightening up their lending guidelines....

Brian, thanks for the post.  You just gave me a marketing idea!

Mike in Tucson

09/04/2007 07:53 AM by Mike Jones (Tucson Mortgage Company, LLC)


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Mortgage Company: Walker Commercial Funding
Brian Walker
Houston, TX
More about me…
Walker Commercial Funding

Office Phone: (281) 852-8298
Email Me
The truth and real solutions about the commercial lending world....explained by a seasoned commerical finance guru...Brian Walker

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