Commercial Real Estate Buying Made Easy With High LTV Mortgages

Released on = April 25, 2007, 5:58 am

Press Release Author = Jen Peterson

Industry = Financial

Press Release Summary = Commercial Lenders starting to use new approach in
commercial lending to make commercial real estate purchases easy and affordable

Press Release Body = Boston, MA - April 25, 2007-- 400Bankers.com, a commercial real
estate broker/lender database, has announce that some of their commercial lenders
are starting to offer up to 100% financing for commercial real estate acquisitions
with debt and equity financing. Last month $17.4 Million in loans were funded up to
100% CLTV with debt financing and $38.7 Million were funded with debt and equity
financing. The average interest rate was 7.289% on a 30 year mortgage. Due to high
volume of loan applications and high closing ratio, borrowers have been quoted
interest rate up to 0.75% below national average interest rate. Average closing
costs have been decreased to $4,600 for commercial real estate loans of $1 Million
or less. To learn more about 400Bankers.com go to http://www.400bankers.com

About 400Bankers.Com
400Bankers.com (www.400bankers.com ) is a national and international commercial
mortgage loan bankers network for real estate projects between $200,000 and
$10,000,000,000. 400Bankers.com has over four hundred lenders and private investors
in it's network. The network consists of commercial loan experts who are unmatched
in efficiency and financing terms.


Web Site = http://www.400bankers.com

Contact Details = Jen Peterson
http://www.400bankers.com
news400bankers@yahoo.com

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