Glenn’s Speaking Announcement
Construction Lending 101 3:00 pm Glenn Goldan, President, ReProp Financial; John Bohannon, Partner, BuildZig; and Dave Herzer, President, Herzer Financial Services, Inc. A complete overview of the construction lending process from underwriting and prefunding considerations, through documentation and closing, to build-out and fi nal pay off. This fast paced overview will cover proper loan administration as required by regulators, with differences in best practices that are dependent upon which license you hold. This is a companion program to the legal compliance session earlier in this seminar.
Join us at the CMA Spring Seminar 2016
Thursday, April 28
Friday, April 29
San Francisco at the Westin St. Francis
opens in a new windowBrochure Downloadopens PDF file
- Property Types
- – Light Industrial
- – Multi-Family
- – Construction
- – Mixed-Use
- – NOO SFR
- – Retail
- – Office
- General Guidelines
- – CA*OR*WA*AZ*ID
- – $1.5MM Max Loan Amount
- – Simple Documentation
- – Low Points
- – Up to 65% LTV
- – No Minimum Credit Score
- – No Junk Fees
8-Lot Subdivision
- Loan Amount * $1,560,000
- Rate * 10.89%
- ReProp’s Value * $2,590,000
- Term * 18 Months, Interest Only
- Lien Position * First
Office complex refinance
- Loan Amount * $1,100,000
- Rate * 9.5%
- ReProp’s Value * $1,800,000
- Term * 18 Months, Interest Only step
- Lien Position * First
Gas Station interest buy-out
- Loan Amount * $725,000
- Rate * 9.49%
- ReProp’s Value * $1,590,000
- Term * 24 Months, Interest Only Step
- Lien Position * First
Learn More About Our Lending Programs
Give us a call at 1.800.444.2948
Use our opens in a new windowwebsite form for any loan submission.
Glenn Goldan | opens in a new windowReProp Financial®
555 H Street, Suite G, Eureka CA 95501
3707 N. Marshall Way, #2, Scottsdale, AZ 85251
707.444.7711 ext. 790 | 707.444.7700 (fax) | 707.845.4487 (cell)
RFMI CFL License: 605 2783 | RCS CFL License: 605 4681 | ReProp Investments, Inc.: NMLS ID: 11890844681 |ReProp Investments, Inc: Oregon Mortgage Lending License: ML-5297 | ReProp Investments, Inc: Arizona Mortgage Broker License: 0927323
