Commercial Real Estate Loan Rates

Do you have an office building, a rehab, or a multi-unit apartment building? With commercial real estate loan rates at one of their lowest, now may be the right time to consider a loan for your next real estate investment.

If you are an owner or looking to purchase a commercial property, there’s good news to be had: Commercial loan rates remain at an all-time low. With the Federal Reserve promising four rate hikes this year, this may not be so in the future. For this reason, this may be the perfect time for you to purchase or refinance a commercial property. Level 4 Funding has the team that can help guide you through the process and help you feel like a well-informed purchaser. Let’s take a look at how commercial real estate loan rates work and the interest rates the different types of lenders charge.

If your Credit Score is 680, you’ve been in business in 2-plus years, and plan on occupying 51% of the building, you may qualify for a SBA 7 (a) loan. If your project is between $2 and $3 million dollars you may want to explore the opportunities for financing from insurance companies and conduit lenders.

Commercial Real Estate loans have lower interest rates because they are collateralized by the commercial property. There are four factors that affect the interest rates for the Commercial loan. They are:

1) The Business and Customer creditworthiness: Your rate will be determined by the credit score of the customer and business, the higher credit score the lower rate.

2) Is the commercial real estate loan fixed or variable? A fixed rate loan is a loan that has a fixed rate for the term of the loan. The variable rate loan is reset from 1 to 5 years and will be adjusted based on current rates. Most people will not qualify for fixed rates.

3) What is the term and size of the loan? Hard money lenders offer loans with higher rates and shorter terms while conventional lenders offer longer loans with lower rates.

4) Prevailing Market Rates: Interest rates move up and down based on the government bond market. Keep informed about the movement in the government bond market and how they will affect your rate.

The Lender Has the Biggest Impact on your Rate

1) SBA loans--rates run 4.75% to 9.25%, the 504 loans are best for loans over $1, 000,000 and come in three parts: 50% from the bank, 40% from the SBA and 10% from the borrower. You will need a credit score of 680+.

2) Hard Money Loans--Rate run 10% to 18% and covers about 20% of the market. The rates are high because the loan is not based on the credit worthiness of the borrower but the value of the property. The loan-to-value runs around 55% for many hard money lenders.

3) Other Lenders--Only a small amount of loans come from Insurance companies and Conduits.

Commercial loans can be structured in three ways: fully amortized loans, interest rates resets, and balloon payments.

You may want to purchase commercial Real Estate or refinance a commercial property. There are wide varieties available for high credit scores and lower credit scores. Call and counsel with Level 4 Funding to find what works best for you in your situation. We offer rates as low as 7.99 percent.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

Residential Hard Money Lenders—What You Should

1. Residential Hard Money lenders are not always discussed at length, as many investors and borrowers are more interested in all things commercial. However, that does not mean there will never come a time for residential hard money lenders, so let us go over what you should know.)

Unsurprisingly, residential hard money loans are really just financing for traditional real estate. This means properties such as single-family or a duplex would constitute or rather qualify for a residential hard money loan. This seems simple enough, right? Of course, it does. But, nevertheless, you may be wondering what the real difference is between a standard or traditional loan/mortgage and residential hard money financing? Well, there are actually a few subtle differences.
For starters, when it comes to dealing with residential hard money lenders versus the bank, you will quickly see those differences. For example, banks typical require quite a bit of documentation such as proof of income, credit score, appraisal, financial statements and so on. Yet, when dealing with residential lenders and hard money financing you need a lot less. This means if you show up with residential real estate assets in tow (not actually in tow) and have pretty much everything you need to start the approval process.
Moreover, with residential hard money financing, you do not need to meet any minimum FICO scores requirements or pay any upfront fees. Lastly, you will typically receive your hard money loan for a residential property within 10 business days versus your standard 60 days or more with a traditional loan/mortgage. Thus, as you can see, there are many reasons why an investor or a borrower would consider working with a residential lender that offers hard money financing.
 

Managing Your Expectations with a Residential Hard Money Lender

Nevertheless, it is still important to manage your expectations when dealing with these particular lenders. You may think since there are a variety of California-based lenders that offer residential hard money financing all you need to do is show up and sign. Well, the reality is residential hard money loans have a time and a place. In other words, you need to make sure that your particular investment or project is right for this kind of financing. Of course, any lender will be glad to help you determine if you should proceed with residential hard money. However, if you are like most people you may want to know ahead of time if you should be working with a different lender or a financial institution.
 

The Real Deal Residential Hard Money Lenders

Consequently, here is something you should definitely keep in mind when determining what kind of lender you should be working with. Above all else, it is important to note that residential hard money financing is appropriate in a variety of scenarios such as impaired credit, liens or judgments, time constraints, pending foreclosures and Foreign Nationals—just to name a few. Thus, if you are still interested in your residential hard money options, it helps to focus your lender search on niche lenders that can meet your needs (whatever they may be) and vice versus.
 

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.comhttp://www.Level4Funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
  About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.









          

Does Our Government Really Hate US? Really?

What's wrong with our economy?

One of the technical terms used when evaluating a healthy economy is a term called velocity of capital.  What this means is how fast  money is moving around from one person to another,  or defined as "The velocity of money is the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country's total supply of money.”

 

As you can see from the above graph the Velocity is on a steady decline.  So what causes the drop? My opinion is that there are two main reasons:

1. People (consumers) have stopped spending money.   They are sitting on a boat load of cash and they are in a wait and see mode. 
2. The second reason why there is a decline is that the government has put up road blocks to keep spending money.  One of the biggest road blocks enacted are the Dodd-Frank Regulations  that are making it extremely difficult for individuals to purchase homes. 

When someone purchases a home it's not just the seller and buyer who are happy.  There are those downstream of this  closing  that are going to be happy when the home closes.  Typically the listing and selling agents are happy, but there are others who also benefit from this happiness and make a living off of the sale.  Sure the buyer is happy, they have their dream home they always wanted, and the seller is happy since the can move to their next home,  or maybe get rid of the current home.  It's going to be a Happy, Happy, Happy fest.  The agents who listed/sold the home can't wait till they receive the final HUD 1 is completed and the title company sends out the checks to the brokers.  Most agents keep a list of the transactions in their pipeline and like most agents, their spouse is quizzing them on the transactions.  My wife usually says, 'got anything closing this week'?  She says this specially during the holiday season.  I'm happy to say that yes!.  This is going to be a good Christmas.  However there are many others who will benefit from this transaction and will have a happy Christmas.

• Title company and the title agent are getting something from this transaction, like title insurance & escrow fees.
• The loan company, Loan Officers, Loan Brokers, Underwriters, support staff, company sales rep also benefit.
• Home Inspectors, and termite inspectors are getting some of the money.
• Handyman who will fix the conditional items from the homeb inspection also get a piece of the deal, and don't forget all the hardware stores will get a piece of this pie when the handyman  buys a new faucet or  other item to be fixed.
• Tax payers benefit when home taxes are being paid in full with collections of future taxes.
• Insurance companies are writing a new policy.
• HOA's are going to receive a transfer fee and maybe impact fees.
• Neighbors are going to be happy to see a new neighbor.
• Disabled Vets are going to receive all of the  stuff the new home owners are going to give away before they move.
• Utility companies are going to get a change notice and if the account is past due, they are going to get paid.
• Appraisal companies will get their piece of the pie also.

It is amazing when you think of all the people who will touch this transaction to complete the deal at all.  BUT what's really startling is how many people will be able to keep their job, put food on the table and survive. 

With all of this occurring, we should sell homes all the time, but I'm shocked by the road blocks our government has put in place to stop this from occurring.  In an effort to fix the last collapse of the housing industry, the administration has generated a mountain of mind numbing regulations to stop consumers from purchasing a home.  It's like passing through  gates of hell to get a loan.  We have gone too far in the wrong direction to fix the problem.  The incoming administration has indicated that they are aware of this problem and is promising to fix the regulations ASAP.  Let's get money flowing again!

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
http://www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701



About Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.


Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.












          

Are you a Dog or a Cat Person?

Subject: AND IT WAS DONE
Adam and Eve said, "Lord, when we were in the garden, you walked with us every day. 

Now we do not see you any more.       

                                                                                                                                                              

We are lonesome here, and it is difficult for us to remember how much you love us."

And God said, "No problem!  I will create a companion for you that will be with you forever and who will be a reflection of my love for you, so that you will love me even when you cannot see me.  Regardless of how selfish or childish or unlovable you may be, this new companion will accept you as you are and will love you as I do, in spite of yourselves." 

And God created a new animal to be a companion for Adam and Eve.  
And it was a good animal.
 
And the new animal was pleased to be with Adam and Eve and he wagged his tail.  And Adam said, "Lord, I have already named all the animals in the Kingdom and I cannot think of a name for this new animal." 

And God said, "No problem.  Because I have created this new animal to be a reflection of my love for you, his name will be a reflection of my own name, and you will call him DOG."  (for those who have not figured it out yet, dog is GOD spelled backwards).

And dog lived with Adam and Eve and was a companion to them and loved them. 


And they were comforted. 
And God was pleased. 
And dog was content and wagged his tail. 

After a while, it came to pass that an angel came to the Lord and said, "Lord, Adam and Eve have become filled with pride.  They strut and preen like peacocks and they believe they are worthy of adoration.  Dog has indeed taught them that they are loved, but perhaps too well." 

And God said, "No problem!  I will create for them a companion who will be with them forever and who will see them as they are. 

And God created CAT to be a companion to Adam and Eve.
The companion will remind them of their limitations, so they will know  that they are not always worthy of adoration." 


And when Adam and Eve gazed into cat's eyes, they were reminded that they were not the supreme beings. 
And Adam and Eve learned humility. 
And they were greatly improved. 
And God was pleased. 
And Dog was happy. 

And Cat didn't give a damm one way or the other. 

Remember........

Today is the first day in the rest of your life.........

Use it wisely

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Hard Money Lending Arizona Questions Answered

arizona hard money

Have you been wondering what a hard money lender Arizona and private money lender Arizona do? You might have even wondered if they are the same thing. A lot of people use the two terms interchangeably and that can be perfectly find because the two do have quite a bit of similarities, but if you look closely, hard money lender Arizona is a little different from private money lender Arizona.  Once example of this might be that a private money lender Arizona can be anyone. It can be someone that you know or even a complete stranger. It doesn’t matter because if a private money lender Arizona wants to give you some Arizona hard money, you shouldn’t complain!

On the flip-side, hard money lenders Arizona isn’t one individual person; it’s a group of people who usually understand how to be great at being a hard money lender Arizona. More often than not this hard money lender Arizona group has a long roster of clients that they have assisted throughout the years; helping them purchase the kind of real estate opportunities that they want.

Both Hard money lender Arizona and private money lender Arizona usually have the experience that you want and need when you are gearing up to purchase some real estate. Your hard money lender Arizona or private money lender Arizona will help to guide you to the right location, title companies, and even appraiser that is best suited for you and your property. With your hard money lender Arizona and your private money lender Arizona, you can always feel confident that the job is getting done correctly. 

You get to decide between hard money lender Arizona and private money lender Arizona to decide which category best fits your needs but it is great to know that either one will help you with your Arizona hard money needs.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

The Difference Between Hard Money Lending Arizona and Private Money Lender Arizona

arizona hard money

Hard money lender Arizona and private money lender Arizona have so much in common, but there are some difference lenders should be aware of. For example, a private money lender Arizona can be anyone you know or even someone you don’t know. Family member or stranger, if someone with money wants to be a private money lender Arizona and they have the money to do it, they can make loans to people who are in need of Arizona hard money no problem.

Meanwhile, hard money lender Arizona is typically a group of lenders and usually this hard money lender Arizona group has a history as they’ve helped owners get loans that help those owners purchase the property that they want be it a group of condos or a new commercial development opportunity or really any kind of commercial real estate project. These are typically professionals with great lending history and an understanding of the business.

Hard money lender Arizona are often very well experienced and can help with issues or even offer information such as which area is best to buy in, what title company to use or even which appraiser is best for the job. Hard money lender Arizona means you can get started with confidence and the assurance that things will get done properly. Private money lender Arizona is sometimes more convenient however if you know the private money lender Arizona well enough that you can work in tandem as a team or if you get a private money lender Arizona who is motivated and understands what they are doing in the real estate world.

Choose between your hard money lender Arizona and your private money lender Arizona and decide which category best fits your needs. Both parties should have a great understanding of what you’re trying to accomplish, it just depends on which one works best for you! Contact us today to get more information.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

Is Arizona Hard Money Right For Me?

hard money lender arizona

Sometimes people get confused about Arizona hard money, but it shouldn’t be so difficult because Arizona hard money can provide the short-term money that individuals need to fix up or purchase a piece of property.

Arizona hard money can come in two forms; hard money lender Arizona and private money lender Arizona.

Hard money lender Arizona refers to a group of people who do not use conventional standards to loan money to borrowers and by that it is meant that hard money lender Arizona is not affiliated with banks. The loans hard money lender Arizona gives out are non-traditional loans, which makes them easier to obtain.

Private money lender Arizona is an individual who wishes to give out non-traditional loans. This private money lender Arizona could be someone that you know or it could just be an investor that you’ve met with who wants to join you on your real estate adventure.

Whichever way you choose, Arizona hard money ensures that investments happen relatively quickly. Arizona hard money is a loan solution that is short-term and over quickly, so higher interest doesn’t really matter. The credit history of a borrower doesn’t make a difference because the Arizona hard money loan comes from a non-traditional loaner interested less in the credit and more in the property.

If you are looking for a quick loan for the property you have wanted for quite some time now, it could serve you well to begin looking into Arizona hard money for the loan that you want and need. Instead of dealing with confusing banking rules, get together with a private money lender Arizona or a hard money lender Arizona group and begin to plan out the remodeling of your brand new property. You will be glad that you chose Arizona hard money.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

Confused by a Arizona hard money?

hard money lender arizona

Private financing is a great way to get the money you need for the property that you want. But Arizona hard money could be confusing so it’s good that you’re looking up some facts. Don’t be discouraged by traditional loans, a hard money lender Arizona or a private money lender Arizona wants to help you out. Both sectors have access to money similarly to a bank, but far easier to obtain because this money is exclusively for real estate and it is private financing.

Both a hard money lender Arizona and an private money lender Arizona make it easier to apply for a loan than any bank. Getting a hard money lender Arizona means that a group of people would be in charge of your loan, however, private money lender Arizona is just one person who will help with your loan. They can be someone you know or someone you trust or even a stranger that you have faith in. Arizona hard money is a really fantastic option for those who do not wish to obtain a traditional bank loan because Arizona hard money is always a short-term loan and the high interest rate does not make a very big impact.

Arizona hard money is easy to get so don’t let the name fool you. They may have high interest rates, but with the fast turnaround time, it really doesn’t matter. What’s more is that Arizona hard money lenders give out money based on the value of the property and that often includes the cost of the repair for the property inside of the loans. That is very unlike a traditional loan and so much easier. One should really consider Arizona hard money instead of the bank when it comes to property loans. Just think of all the wonderful benefits!

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

What is a hard money loan Arizona?

hard money lender arizona

If you are looking into private financing but you’re confused about what Arizona hard money means then you have come to the right place. You might say that the easiest way to explain what a hard money lender Arizona or a private money lender Arizona is would be that they are both people who have access to money that’s easier to get to than applying for a bank loan. Their money is then used almost exclusively for real estate. However, hard money lender Arizona is usually a group of people while private money lender Arizona is just one person. Arizona hard money can be a great option for someone who doesn’t want a bank loan because usually, you don’t have the loan long enough for the high interest to make a very big impact. Hard money Arizona is almost always a short-term loan.

There are  three main reasons why Arizona hard money is termed Arizona hard money and none of them have to deal with difficultly in obtaining the loan because in fact, an Arizona hard money loan isn’t difficult to obtain. Instead, it’s called Arizona hard money for these reasons:

1. Higher interest rates, but you have a fast turnaround time.
2. Arizona hard money lenders determine what a property is worth in its best condition, but under some circumstances, will finance up to one hundred percent.
3. Hard money lender Arizona gives money based on the value of the property but include repair costs into the loan. This is very unlike most traditional lenders who do not include the repair costs into the loan. Consider this is a great option for those who are planning on rehabbing the property.

Think of all of these great benefits as you consider Arizona hard money for your next rehab project.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

Hard Money Lending Arizona Questions Answered

hard money lender arizona

Have you been wondering what a hard money lender Arizona and private money lender Arizona do? You might have even wondered if they are the same thing. A lot of people use the two terms interchangeably and that can be perfectly find because the two do have quite a bit of similarities, but if you look closely, hard money lender Arizona is a little different from private money lender Arizona.  Once example of this might be that a private money lender Arizona can be anyone. It can be someone that you know or even a complete stranger. It doesn’t matter because if a private money lender Arizona wants to give you some Arizona hard money, you shouldn’t complain!

On the flip-side, hard money lenders Arizona isn’t one individual person; it’s a group of people who usually understand how to be great at being a hard money lender Arizona. More often than not this hard money lender Arizona group has a long roster of clients that they have assisted throughout the years; helping them purchase the kind of real estate opportunities that they want.

Both Hard money lender Arizona and private money lender Arizona usually have the experience that you want and need when you are gearing up to purchase some real estate. Your hard money lender Arizona or private money lender Arizona will help to guide you to the right location, title companies, and even appraiser that is best suited for you and your property. With your hard money lender Arizona and your private money lender Arizona, you can always feel confident that the job is getting done correctly. 

You get to decide between hard money lender Arizona and private money lender Arizona to decide which category best fits your needs but it is great to know that either one will help you with your Arizona hard money needs.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444

The Difference Between Hard Money Lending Arizona and Private Money Lender Arizona

Hard Money Lender Arizona

Hard money lender Arizona and private money lender Arizona have so much in common, but there are some difference lenders should be aware of. For example, a private money lender Arizona can be anyone you know or even someone you don’t know. Family member or stranger, if someone with money wants to be a private money lender Arizona and they have the money to do it, they can make loans to people who are in need of Arizona hard money no problem.

Meanwhile, hard money lender Arizona is typically a group of lenders and usually this hard money lender Arizona group has a history as they’ve helped owners get loans that help those owners purchase the property that they want be it a group of condos or a new commercial development opportunity or really any kind of commercial real estate project. These are typically professionals with great lending history and an understanding of the business.

Hard money lender Arizona are often very well experienced and can help with issues or even offer information such as which area is best to buy in, what title company to use or even which appraiser is best for the job. Hard money lender Arizona means you can get started with confidence and the assurance that things will get done properly. Private money lender Arizona is sometimes more convenient however if you know the private money lender Arizona well enough that you can work in tandem as a team or if you get a private money lender Arizona who is motivated and understands what they are doing in the real estate world.

Choose between your hard money lender Arizona and your private money lender Arizona and decide which category best fits your needs. Both parties should have a great understanding of what you’re trying to accomplish, it just depends on which one works best for you! Contact us today to get more information.

Big Daddy Dennis Hard Money Lender

Arizona Hard Money

Arizona Mortgage Broker

Level 4 Funding LLC

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-582-4444