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I need some info on a Commercial Property Loan

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Karatz
Frequent Contributor

I need some info on a Commercial Property Loan

I need to get some commercial property refinanced. Current Value: 250-300 k, seller financed with balance of about 114k remaining. Property location: Oregon. Problem is that I can't find anyone that will finance about 150k. They all want to finance stuff closer to the 1 million value. Anyone know where to look?
TransUnion/Equifax
746/754
Date: 9/24/2009/10/02/2009
Message 1 of 3
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ShanetheMortgageMan
Super Contributor

Re: I need some info on a Commercial Property Loan

I'm pretty sure Wells Fargo commercial lending does commercial loan amounts down to $50k - 866-278-5911.  I think NW Oswego Financial Solutions LLC does them down to $50k too, 503-639-4499 is their number and they are in Oregon.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
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ShanetheMortgageMan
Super Contributor

Re: I need some info on a Commercial Property Loan

I'm pretty sure Wells Fargo commercial lending does commercial loan amounts down to $50k - 866-278-5911.  I think NW Oswego Financial Solutions LLC does them down to $50k too, 503-639-4499 is their number and they are in Oregon.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
Message 2 of 3
Karatz
Frequent Contributor

Re: I need some info on a Commercial Property Loan


@ShanetheMortgageMan wrote:
I'm pretty sure Wells Fargo commercial lending does commercial loan amounts down to $50k - 866-278-5911.  I think NW Oswego Financial Solutions LLC does them down to $50k too, 503-639-4499 is their number and they are in Oregon.

The Wells Fargo line treated me as if I was a broker LOL. Their customer line number for this same thing is 888-769-5995. The both companies cover commercial loans from 50-500k.

 

Thanks for the info Smiley Happy

TransUnion/Equifax
746/754
Date: 9/24/2009/10/02/2009
Message 3 of 3
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