Glass Office Building Loan Closes - Charlottesville, VA

Released on = February 5, 2006, 9:44 am

Press Release Author = Matrix Mortgage International, Inc

Industry = Accounting

Press Release Summary = Office loan refinanced for $2.7 million with a ten year
fixed rate. As treasury rates remain low, a borrower can still lock in a low fixed
rate on a commercial real estate loan.

Press Release Body = Office building loan refinanced with a $2.7 million commercial
mortgage loan. The Glass Office Building which is located in Charlottesville,
Virginia was funded on January 26, 2006 as a ten year fixed real estate loan.


Matrix Mortgage International provides apartment loans, senior housing loans,
shopping centers loans, office buildings loans, industrial and hotel loans.
Self-storage and mobile home parks loans are also included in our underwriting. Real
estate investments and owner occupied properties are both acceptable finance
categories.

Two, Five, Seven and Ten Year fixed rates are available with 25 and 30 year
amortizations. The two-year rates are by far the most reasonable due to the heavy
trading in the treasuries. Many predictions show the Treasury Rates staying flat for
the next two years.

Loan submission tips:

1 - Provide current rent roll if applicable. This document should include:

- Full Address of the Property
- Unit Number
- Tenant Name
- Current Rent
- Square Feet
- Market Rent
- Original Occupancy Date
- Lease Expiration Date

2 - Provide last year's Net Operating Income Statement and the current year YTD
3 - Pictures of the property are required by most underwriters
4 - Provide borrowers FICO (Fair, Isaac and Company) score
5 - Make sure the appraiser is acceptable to the lender before placing the order

Go to the Matrix website - www.commercial-real-estate-loan.net to submit a loan
request or call one of our loan originators at 800-588-9021. Brokers are protected.

Closing schedules for conventional real estate loans range from six to eight weeks.
Most permanent and refinance loan programs are provided to the originator at par.
Matrix Mortgage International may retain the servicing of any given mortgage that
has been sold or pre-sold to another institutional investor, per single transaction
or in portfolio aggregates.


Web Site = http://www.commercial-real-estate-loan.net

Contact Details = J. Davis||2217 Ivan Street||Dallas ,
75201||$$country||||800-588-9021||info@commercial-real-estate-loan.net||http://www.commercial-real-estate-loan.net

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