Friday, June 8, 2012

Bank Discount Note Financing & Commercial Loan Refinancing No ...

Winston Rowe & Associates is earning a reputation for quality underwriting, fast turnaround, and excellent service, with no fees upfront. They specialize in commercial real estate financing for the refinance of commercial mortgages and bank cram downs.

Winston Rowe & Associates has prepared this article to outline the process of a commercial loan modification for commercial real estate investors.

For more information, you can contact Winston Rowe & Associates at 248-246-2243 or visit their website at http://www.winstonrowe.com

What is a Commercial Loan Modification?

A commercial loan modification is the process of providing for either a permanent or a temporary change in one or more of the terms of a debt obligation or encumbrance because of some type of economic hardship currently affecting the borrower. Because of the rising number of defaults, banks and commercial lenders, and in attempt to minimize their losses, are willing to restructure the terms of their defaulted loans, in the hopes of avoiding a costly foreclosure process and having to show huge losses to their investors.

Check out our free commercial real estate investor resources at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

By modifying a commercial loan properly, a property owner can avoid foreclosure, and greatly reduce their monthly payment and in some cases reduce the principal amount of their debt. Examples of these hardships may include, but are not limited to, reduction in the rent roll, because concessions had to be made to tenants in order to keep them viable; loss of tenants due to the current economic conditions, loss of revenue from sales.

What are the types of Commercial properties can you Modify?

Strip-mall
Shopping center
Apartment building
Warehouse
Multi tenant building
Investment property
Business Complex
Office Building
Other Income producing property

Winston Rowe & Associates is on the forefront of the apartment and multifamily financing industry; they have loans for cash out to provide equity for commercial real estate purchases, refinances or the repositioning of portfolios and bank cram down loans.

Through their efficient, end-to-end commercial real estate financing solutions Winston Rowe & Associates provides commercial mortgage capital to owners of all commercial property types. With flexibility and speed of execution, they are able to offer a broad range of financing capabilities.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront apartment building and multifamily loan programs in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, ?Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, ? Texas, Utah, Vermont, Virginia, ? Washington, Washington DC, West Virginia, Wisconsin, Wyoming

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