Volume 14 Issue 4

Newsletter Date: February 20, 2014

MORTGAGE STUFF (C-Loans Client Letter)

You are receiving this letter because you are a commercial mortgage broker client of either Blackburne & Sons or C-Loans, Inc. Removal instructions are below. Today I am going to give you four examples of how to use our brand new Preferred Equity Program to close more commercial real estate loans. And as always, we have lots of great jokes, funny pics, and a hilarious video for you today too.

Joke Du Jour

After watching the movie Cinderella, five-year-old Sarah started using her pinwheel as a magic wand, pretending she was a fairy godmother. "Make three wishes," she told her mother, "and I'll grant them." Her mom first asked for world peace. Sarah swung her wand and proclaimed the request fulfilled. Next, her mother requested for a cure for all ill children. Again, with a sweep of the pinwheel, Sarah obliged. The mother, with a glance down at her rather ample curves, made her third wish, "I wish to have a trim figure again." The miniature fairy godmother started waving her wand madly. "I'll need more power for this!" she exclaimed.

Sometimes When Natural Calls...You Don't Want To Answer

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 now.

To apply for a private money commercial loan from Blackburne & Sons, please find your favorite loan officer below:

Tom Blackburne: 574-210-6686
To apply to Tom online, please click here.

Alicia Gandy: 916-338-3232
To apply to Alicia online, please click here.

Desmond Stoll: 916-338-3232
To apply to Desmond online, please click here.

Choices Joke

"Because we live in the modern age, women now have choices that are just killing them. They can have a job, not have a job. They can be married or unmarried, married with children, unmarried with children, married with children and a job, unmarried with children and a job, unmarried with children and no job, unmarried with children who themselves have jobs, have a job and an au pair who has children, marry the au pair, have the au pair have their children, etc..."

Men, unfortunately, have the same choice we've always had: we can work or we can go to jail." --- Tim Allen

Examples of Preferred Equity

You now have a HUGE competitive advantage over every other commercial bank or mortgage banker making commercial loans. You can get your borrower more money!

Commercial banks today have cut their loan-to-value ratios back to around 58% to 63% loan-to-value.

Blackburne & Sons will make tiny preferred equity investments (sort of like a second mortgage loan) that will take you from 60% LTV up to 75% LTV.

In many cases, the mortgage banker who wins the deal is the guy who can get his borrower the most leverage, so you really should promote the heck out of our new preferred equity program.

Funny Bantor in the Office

The folks in our Sacramento office were joking around one day, and one staffer called another staffer's actions, "smooth". My son, Tom, then shot back this classic clip from Star Trek - "Smooth as an android's bottom."

Yoga Mat Joke

"After facing backlash from customers, Subway says it will remove a chemical in its bread that is also found in yoga mats. Some people were like, 'You mean I've been eating a dangerous chemical?' While most people were like, 'You mean I can eat my yoga mat?'" -- Jimmy Fallon

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.

Too Much Coffee Joke

You know you've had too much coffee when Juan Valdez names his donkey after you.

Place 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 free!

I Just Got Comfortable...

We're Now Making Home Loans in California

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

Football Wedding Joke

Two guys are talking about their boss's upcoming wedding. One says, "It's ridiculous. He's rich, but he's 93 years old, and she's just 26! What kind of a wedding is that?" The other says, "Well, in my family we call it a football wedding." The first asks, "What's a football wedding?" The other says, "She's waiting for him to kick off!”

Nine-Hour 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.

Dad's Will Joke

A man was telling his buddy "You won't believe what happened last night. My daughter walked into the living room and said, 'Dad, cancel my allowance immediately. Forget my college tuition loan, rent my room out, throw all my clothes out the window, and take my TV and my laptop. Please take any of my jewelry to the Salvation Army or Cash Converters. Then sell my car, take my front door key away from me, and throw me out of the house. Then disown me and never talk to me again. Don't forget to write me out of your will and leave my share to any charity you choose." "Holy Smokes," replied the friend, "she actually said that?" "Well, she didn't put it quite like that. She actually said, 'Dad, meet my new boyfriend, Mohammed. We're going to work together on Hillary's election campaign!'"

Great New Apartment Loan Program

You're probably used to thinking of Blackburne & Sons as a subprime commercial lender, but since our acquisition of CommercialMortgage.com (I paid more than a house), some of the nation's largest commercial mortgage investors are giving us wonderful opportunities. Please be sure to check out our great new apartment program.

To apply for an apartment loan from Blackburne & Sons, please find your favorite loan officer below:

Tom Blackburne: 574-210-6686
To apply to Tom online, please click here.

Alicia Gandy: 916-338-3232
To apply to Alicia online, please click here.

Desmond Stoll: 916-338-3232
To apply to Desmond online, please click here.

Senior Moments Song

This video of a funny song about getting old and forgetfulness is hilarious.

Earn Big Referral Fees. We've Made It Really Easy.

Blackburne & 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.

Just click here to refer us a commercial loan.

Equating Attorneys Joke

If you laid all of the lawyers in the world end-to-end around the equator, it would be a good idea to leave them there.

Buy Commercial Leads

You can buy commercial leads from C-Loans for just $1 to $9, plus 37.5 bps. when the deal closes.

The World's Most Foolish Mortgage Broker

I would 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 free.

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.

Featured Links

Apply for a Commercial Loan
List of Lender Phone Numbers
Learn Commercial Mortgage Finance
Find Your Own Private Investors
Market for Commercial Loans
Fee Collection Course
Earn Referral Fees in Your Sleep
Combo Packages
Cool Mortgage Broker Stuff
Cool Lender Stuff
Cool Realtor Stuff
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Contact Us

Learn to Broker $10MM Commercial Deals.

9-Hour Video Program Including Marketing, Underwriting, Packaging, Placement and Fee Collection. Just $499.

For details, click here or call Mick Carlson at 574-855-6292

Refer Loans to C-Loans By Hand and Earn Huge Referral Fees

Just input the email address of a borrower or broker and earn one-eighth of a point at closing! That's $1,250 for a $1 million loan. Click here.

Our Training Course Includes Over 60 Minutes on Fee Collection. No One Has Collected From More Lying, Deadbeat Borrowers Than George. You Can Order the Fee Agreement and Collection Training Separately for $199.

Call Mick at (574) 855-6292 or email him at mcarlson@blackburne.com

Got a Mortgage Web Site? Earn $5,000 Referral Fees in Your Sleep!

Just Click Here


Just $2 to $3 Each
Plus 37.5 Bps on Closing.

Click Here for More Details

Read the C-Loans Blog

Pick up lots of great commercial brokerage practice tips for free.

Click here and bookmark it.

Service Your Own Loans
4-Hour Video Course, How to Find Your Own Private Mortgage Investors - Just $499

Click here for details

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C-Loans.com® is sponsored by C-Loans, Inc. — For more information, contact Mick Carlson
4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 telephone: (574) 855-6292 * Fax: (916) 338-2328
Real Estate Broker -- California Bureau of Real Estate -- License Number 01330173

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