Mortgage Stuff C-Loans Client Letter
Volume 4, Issue 11

Newsletter Date: July 4, 2004


MORTGAGE STUFF (C-Loans.com Client Letter)

Joke Du Jour

An old man was critically ill.  Feeling that death was near, he called his lawyer. "I want to become a lawyer.  How much is it for the express degree you told me about?"  "It's $50,000," the lawyer said. "But why?  You'll be dead soon.  Why do you want to become a lawyer?"  "That's my business!  Get me the course!"

Four days later, the old man got his law degree. His lawyer was at his bedside, making sure his bill would be paid. Suddenly the old man was racked with fits of coughing, and it was clear that this would be the end.  Still curious, the lawyer leaned over and said, "Please, before it's too late, tell me why you wanted to get a law degree so badly before you died?"

In a faint whisper, as he breathed his last breath, the old man said, "One less lawyer ..."

Need a Commercial Mortgage?

A mortgage broker can shop more than 700 commercial lenders for the best deal in just four minutes using C-Loans.  You'll find life companies, credit unions (they're great!), banks, conduits, REIT's, and hard money lenders.  And it's free!

http://www.c-loans.com/onlineapp 

What is Structured Finance?

Think of structured finance as custom-made commercial loans.  The lender might go interest-only for two years and then begin to amortize the deal over 25 years.  The lender may add an earn-out, where the lender agrees to loan more money if the developer fills his building.  Maybe the lender thows a mezzanine loan (sort of like a high LTV second mortgage) on top of the first mortgage.  It is these custom features that are the hallmark of structured finance.

Frisbee Joke

The other day I was standing in the park wondering why Frisbees get bigger and bigger the closer they get ... then it hit me.

 


Featured Links


Mortgage Stuff C-Loans Client LetterApply for a Commercial Loan
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This advertising space available for rent. Just $750 for 5 mailings to 15,000 mortgage brokers.

Write to George Blackburne at george@blackburne.com

 

This advertising space available for rent. Just $750 for 5 mailings to 15,000 mortgage brokers.

Write to George Blackburne at george@blackburne.com

 

This advertising space available for rent.  Just $750 for 5 mailings to 15,000 mortgage brokers.

Write to George Blackburne at george@blackburne.com

 

This advertising space available for rent.  Just $750 for 5 mailings to 15,000 mortgage brokers.

Write to George Blackburne at george@blackburne.com

 

 

 


C-Loans.com® is sponsored by C-Loans, Inc. — For more information, contact Alicia Gandy
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