MORTGAGE STUFF (C-Loans
receiving this letter because you are a commercial mortgage broker
client of either Blackburne & Sons or C-Loans, Inc. Removal
instructions are below. Today we'll talk about the importance of attending commercial loan conferences. And as always, we have lots of great jokes, funny pics, and a hilarious video
for you today too.
Joke Du Jour
"Yesterday the Denver Broncos and the Seattle Seahawks advanced to the big game, which means this year’s Super Bowl will have teams from the two states where recreational marijuana is legal. Or as one pizza delivery man put it, "Pray for us." -- Jimmy Fallon
Parents Shouldn't Text
Submit Your Commercial Mortgage App Today
Blackburne & Sons continues to seek first
mortgages between $100,000 to $2.5 million on standing
commercial properties nationwide. Please be sure to bookmark our
commercial mortgage rate sheet right
To apply for a
private money commercial loan from Blackburne & Sons, please
find your favorite loan officer below:
To apply to Tom online, please click here.
To apply to Alicia online, please click here.
Desmond Stoll: 916-338-3232
to Desmond online, please click here.
"A new study found that more than 11 million people have quit Facebook in the last three years. And unfortunately, none of them were your parents." -- Jimmy Fallon
You've Just Got To Attend Commercial Mortgage Lending Conferences!
I've spent a lifetime in commercial real estate finance, so I keep pounding this important lesson into the heads of my two sons, George IV and Tom: "Commercial lenders make loans for their friends." Commercial mortgage brokerage is all about relationships.
For example, this year I attended the Western States CREF Conference, arguably the most important conference in all of commercial real estate finance. I brought my golf clubs and played golf with about 20 other bankers from the conference, where I hooked up with an old buddy who I have known for over 20 years. He got me approved to offer this incredible new apartment loan program that literally flies off the shelf.
Now you may not have the dough to fly to Las Vegas every year, but you CAN afford to drive a few hours to local commercial real estate finance conferences. It's hard to become friends with someone over the phone. You need to meet and hang out together. This is why you need to go to conferences.
Cat Training Joke
Our young daughter had adopted a stray cat. To my distress, the cat began to use the back of our new sofa as a scratching post. "Don't worry," my wife reassured me. "I'll have him trained in no time." I watched for several days as my wife patiently "trained" our new pet. Whenever the cat scratched, my wife deposited him outdoors to teach him a lesson. The cat learned quickly. For the next 16 years, whenever he wanted to go outside, he scratched the back of the sofa.
One-Point Commercial Bridge Loans
Please don't forget about Blackburne & Sons' one-point bridge loan product for commercial properties:
Interest Rate: 14.9%
Loan Fee: 1 point + $950 (nothing up-front)
Term: Six months
Prepayment Penalty: None
Maximum Loan-to-Value Ratio: 65% (70% on purchases) Properties: Multifamily (5+ units), Commercial, and Industrial
More on our one-point bridge loan. Please be sure to also subscribe to my blog by typing your email address right below my ugly mugshot.
"Beyoncé performed at Michelle Obama’s 50th birthday party on Saturday night. Yeah, because there's no easier way for a woman to turn 50 than having to spend your party looking at Beyoncé." --Jimmy Fallon
Your Commercial Loans With C-Loans.com
C-Loans.com is a commercial mortgage
portal where you can enter a commercial loan in just four minutes
and then submit it to hundreds of different commercial lenders
with one click. And C-Loans is
Too Humiliated for the Dog Park
We're Now Making Home Loans in
For the past 33 years Blackburne & Sons has exclusively been a commercial lender. That has now changed. We are now aggressively seeking non-owner-occupied home loans in California.
Sorry, folks, we are ONLY licensed to make non-owner-occupied home loans in California. We cannot make home loans in any other state; but we will make individual commercial loans or blanket residential loans (5+ houses) nationwide.
Got a nationwide commercial deal or a California non-owner-occupied residential deal? Please call your California Loan Officer:
Alicia Gandy at 916-338-3232
NMLS # 389678
Desmond Stoll at 916-338-3232
NMLS # 1013512
Quasimodo goes to a doctor for his annual checkup. "I think something is wrong with your back," the doctor says. "What makes you say that?" Quasimodo asks. "I don't know," the doctor replies. "It's just a hunch.”
Video Course on How to Broker Commercial Mortgage Loans
This is my
bread-and-butter course that teaches you how to market for
commercial loans, how to underwrite them (the ratios), how to
place them, and how to collect your fee. Thousands of very happy
commercial mortgage brokers have taken this course. Details.
Lion and the Lamb Joke
A few years ago the Pope visited New York and was taken around by Henry Kissinger. They visited the Bronx Zoo, and Kissinger showed the Pope one cage where a lion was with a young lamb, which snuggled up next to the lion. The Pope was amazed. "For 2,000 years, we've prayed for signs of the messianic era, and the prophesy that the lion will lie down next to the lamb. I see you must really be a man of peace. How did you do it?" To which Kissinger replied, "All it needs is a new lamb a day!"
(Important note: No sweet little lambs were hurt in the making of this joke.)
the Time to Jump Into Hard Money!
later the light bulb will go on for you. The real mortgage in mortgage banking is in loan
servicing fees. We service around $50 million in hard money
loans for a loan servicing fee of almost 2% per year.
training course, How to Find Your Own Private Mortgage
Investors. $499. Please click
You can buy
both of my famous training courses, How to Broker Commercial
Mortgage Loans and How to Find Your Own Private Mortgage
Investors, for just $799. Please call Mick Carlson at
This Funny Video Had Me Falling Off My Chair
Referral Fees. We've Made It Really Easy.
& Sons will pay
you a referral fee of 20% of our loan fee, just for providing us
with the name and the phone number of a prospective commercial
mortgage borrower. We once paid a referral fee of $21,250 to a guy
named Alan Dunn.
click here to refer us a commercial
"This morning I felt that today was going to be my lucky day. I got up at seven, had seven dollars in my pocket, there were seven of us at lunch, and there were seven horses in the seven o'clock race - so I backed the seventh." "Did he win?" "No, he came in seventh.”
You can buy
commercial leads from C-Loans for just $1 to $9, plus 37.5
bps. when the deal closes.
World's Most Foolish Mortgage Broker
nominate the broker who does not subscribe to my blog. Folks,
I have a bad ticker. I had a heart attack and a triple bypass 10
years ago, at the ripe, young age of just 50. This blog is my
desperate attempt to pass on a lifetime of knowledge and
experience in commercial real estate finance to my wonderful sons,
George IV and Tom, before I suddenly drop dead. You can spy on
this wonderful training for
Let me put it
another way. Every single lesson in
every one of my expensive training courses started out first as a
free blog article. Hellooo?
So please go
to my blog
right now, find my ugly picture, and insert your email address in
the space immediately below. You will learn soooo much. I am
starting to get into some really advanced and sophisticated
subjects right now.