Volume 3, Issue 5

Newsletter Date:  June 8, 2005


C-LOANS LENDER LETTER

Joke Du Jour

A psychiatrist was trying to comfort a new patient who was terribly upset. "You see, Doc," the patient explained, "My problem is that I like shoes much better than I like boots."

"Why, that's no problem," answered the doctor. "Most people like shoes better than boots."

The patient was elated, "That's neat, Doc.  How do you like them, fried or scrambled?"


Does Your Bank Lend On ...?

 

C-Loans is adding a number of new property types - Casinos, Marinas, Gentlemen's Clubs (nudie bars), Movie Theaters, and Bowling Alleys.  Very few lenders will make loans on these types of properties, so if you will make loans on them, you should see lots of action.

 

If your bank will lend on any of these property types, would you please send an email to Alicia Gandy?  "Alicia, ABC Bank will make loans on marinas, movie theaters, and bowling alleys."

Chaffeur Joke

"We've got to hire another chauffeur," said the steamed husband, home from work. "He nearly killed me today!"

"Oh, c'mon," said his wife, "Give him another chance."

C-Loans Has a Godzilla Month in May

C-Loans closed over $18.5 million in commercial loans in May, making it the biggest month in our history.  We had a nice $7 million closing from one of our conduit lenders and a whole slew of smaller deals, including nice closings from Bank of America and U.S. Bank.

June has started off nicely with as $6.3 million conduit closing by Wachovia, two closings by Wells Fargo Bank, and numerous other closings. 

C-Loans has now closed more than 450 different commercial mortgage loans totaling well over $300 million.  C-Loans works! 

If you want C-Loans to work for you, just call your leads quickly.  Surprisingly, C-Loans is not a rate bidding contest.  It's a race.  The first lender to reach the borrower with reasonable rates gets the deal.  If you are sleepily sending out emails or waiting five hours to call, don't be surpised if the borrower never calls you back.  As John Madden might say, "If a lead comes in, BOOM, you gotta call the borrower right away."


Football Joke

This sweet wife wrote:  My husband, a big-time sports fan, was watching a football game with our grandchildren.  He had just a turned 75 and was feeling a little wistful.  "You know," he said to our grandson, Nick, "It's not easy getting old."

"Don't worry, Grandpa," Nick said cheerily. "Maybe you'll go into overtime."

C-Loans is Now Buying Clicks

Because we are making some decent money, C-Loans is now paying for placement on the search engines.  If your lender score is 100% or higher, you should start to enjoy even more loan app's.


President Abbas Joke

"Today President Bush met with Palestinian President Abbas.   There was one embarrassing moment, though, when Bush said to Abbas, I loved your song, 'Dancing Queen.'" -- Jay Leno  

You Will Soon Be Able to Buy Extra Leads

Let's say your Senior V.P. of Real Estate Loans comes to you and says, "We really need to book some more commercial loans."  In less than two months you will be able to go into C-Loans and buy loan app's.  "Please show me all deals between $500,000 and $2 million in Cook County, Illinois that entered C-Loans in the last 60 days where the property was a retail property, a shopping center or an industrial building."  C-Loans will then display a list of 20 possible loans.  You then will be able to pick four or five of them and buy them for, say, $23 apiece (plus the normal software licensing fee).

We will let you know when this new feature is ready.  I have seen the prototype, and its awesome!!!


Compensating Joke

Two not-too-bright fellows were talking.  One was explaining to the other how the Good Lord often compensates for a person's natural deficiencies.

"You see," he said, "If someone is a bit blind he might have a very good sense of hearing, or if his sense of taste has gone, he may have a keen sense of smell."

"I agree with you," said the other. "I've always noticed that if someone has one short leg, the other one is always just a little bit longer."


Spin Turndowns into Gold

"I'm sorry, Mr. Borrower, but your loan is too large (small) for us.  But if you give me your email address, I'll send you a link to a site that will allow you to apply to 750 commercial mortgage lenders in just two minutes."

You then go to C-Loans.com/refer and enter the borrower's email address.  C-Loans will send the borrower an email containing a link that tracks the fact that the deal came from you.  When the borrower submits his loan app through C-Loans, you will be awarded 5 lender bonus points for the next 30 days.

"Five bonus points.  Big deal."  Actually it IS a big deal.  Those five extra points could place you among the top six lenders on the Suggested Lender List.  Suddenly you may start receiving twice as many loan app's, you will be closing loans left and right, your boss will smile at you, your wife will kiss you, your kids will start getting A's in school ... who knows?

We also pay handsome finder's fees.  With 750 participating lenders on C-Loans, you have 750 chances of your deal finding a home.  So please enter the email address of every turndown into C-Loans.  Please click here and bookmark this referral page.


Swimming Joke

"May I go swimming, Mommy?"

"Absolutely not!  There are sharks in there."

"But Daddy's swimming."

"Yes, but Daddy is insured."

 

Please Don't Forget.  If Your Bank Will Lend On -

 

Casinos, Marinas, Gentlemen's Clubs (nudie bar), Movie Theaters, or Bowling Alleys, would you please send an email to Alicia Gandy?  "Alicia, ABC Bank will make loans on marinas, movie theaters, and bowling alleys."

 

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 DOES YOUR BANK OWN AN REO OR A DISTRESSED LOAN?

Why Not Sell It?

 

 

Over 150 Different Lenders Have Now Closed at Least One Loan on C-Loans

C-Loans Has Already Closed a Third of a BILLION Dollars in Commercial Loans!

 

Earn 10 Lender Bonus Points for 30 Days

Simply complete your Lender Tracking Table.  Earn even more points by checking on packages you have received and loan proposals that you have gotten signed.

 

When You Close a Loan for C-Loans, You Get 10 Lifetime Bonus Points

These points follow you from bank to bank.  C-Loans can make your entire career.



Your Lender Score Affects Your Loan Quality

Borrowers usually don't apply to more than 4 to 6 lenders unless they have been turned down by the first group of lenders.  You have to climb into that first group of lenders.



Double Your Loan Volume

Every time you close a loan, you will get ten bonus points.  These points will roughly double your loan volume. 



Earn Bonus Points By Referring Borrowers

Just enter the borrower's email address into -
C-Loans.com/refer

 

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C-Loans.com® is sponsored by C-Loans, Inc. — For more information, contact Alicia Gandy
4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 telephone: (916) 338-3232 * Fax: (916) 338-2328
Real Estate Broker -- California Department of Real Estate -- License Number 01330173
Read our many client Success Stories.

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