Released on = April 3, 2007, 2:34 pm

Press Release Author = Jen Peterson

Industry = Real Estate

Press Release Summary = Some commercial lenders agreed to cut closing fees by 40%
and increase Loan to value to make commercial real estate and business purchases
affordable to more borrowers

Press Release Body = Boston, MA - April 3, 2007-- 400Bankers.com, a commercial real
estate broker/lender database, has recently announce that they made a deal with
brokers and lenders in their network to cut closing costs by 40% and max fee allowed
to charge on commercial loans is 0.50% of loan amount up to $3 Million. Last year
brokers and lenders have generated over $5 Billion in closed deals through
400Bankers.com and this year it\'s estimated that over six thousand loan applications
will be processed and closed by end of year. Due to a high volume of loan
applications and high closing ratio there will be 0.50% to zero origination fees
charged to borrowers. Average closing costs have been decreased to $4,600 for
commercial real estate loans of $1 Million or less. Many borrowers have found out
that 400Bankers.com offers very attractive programs and highest LTV options which
gives many borrowers great buying power. Some borrowers have received up to 100%
financing for commercial real estate and business acquisitions through
400Bankers.com network. 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
of 400Bankers
news400bankers@yahoo.com
781-551-6601