Mortgage Stuff Newsletter - Get a Free Directory of 2,000 Commercial Lenders
Volume 14 Issue 6

Newsletter Date: May 14, 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 we'll teach you how to get a free printed directory of 2,000 commercial lenders. And as always, we have lots of great jokes, funny pics, and a hilarious video for you today too.

Joke Du Jour

A pastor was giving the children's message during church. For this part of the service, he would gather all the children around him and give them a brief lesson before dismissing them for children's church. On this particular Sunday, he was using squirrels for an object lesson on industry and preparation. He started out by saying, "I'm going to describe something, and I want you to raise your hand when you know what it is." The children nodded eagerly. "This thing lives in trees (pause) and eats nuts (pause)..." No hands went up. "And it is gray (pause) and has a long bushy tail (pause)..." The children were looking at each other, but still no hands raised. "And it jumps from branch to branch (pause) and chatters and flips its tail when it's excited (pause)..." Finally one little boy tentatively raised his hand. The pastor breathed a sigh of relief and called on him. "Well," said the boy, "I *know* the answer must be Jesus ... but it sure sounds like a squirrel to me!”

Some People Own Cats and Go On to Live Normal Lives

Submit Your Commercial Mortgage App Today

Blackburne & Sons continues to seek first mortgages between $100,000 to $3.5 million on standing commercial properties nationwide. Our hottest product right now is our blanket loan against a portfolio of rental homes. We'll also hypothecate notes and buy commercial loans at a discount.

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:

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

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.

Doggie Leash Joke

While watching my grandson's baseball game, I saw a young mother with her toddler on one of those child leashes. She was talking with another mom about an incident that happened earlier that morning. Her little Chihuahua was sick, and she had raised people's eyes as she walked into the vet's office with her dog in her arms and her child on a leash.

Much Lower Rates on Bridge Loans

We have just come out with an incredible new bridge loan for commercial properties that starts at 7.9% to 8.9% and just two points for a one-year loan with no prepayment penalty. We can fund deals as large as $3.5 million. Call your favorite B&S loan officer for details.

Drinking Water Joke

"A town in Texas just announced a controversial plan to recycle toilet water and use it for drinking water. Dogs said, 'How are you only thinking of this now?'" -- Jimmy Fallon

Free Written Directory of 2,000 Commercial Lenders

Please notice I said TWO THOUSAND commercial lenders, not just 200. Imagine if you had scores and scores of commercial lenders for every deal. And did I mention it was free? To get your free list.

Sugar, I Wouldn't Lie to You

Tiny Preferred Equity "Loans"

Suppose your client is trying to buy a commercial-investment property, like a non-owner-occupied office building. You take the deal to the bank, but the bank cuts the deal back to just 58% loan-to-value. The borrower is screaming at you because he only wants to put 25% down, and the deal cash flows perfectly at 75% LTV. The bank is just a scarety-cat.

If only there weas a capital source which would add its equity to your client's 25% down payment to create a down payment large enough to satisfy the bank...

Blackburne & Sons will make tiny preferred equity investments (sort of like a second mortgage loan) that will take you from 58% LTV up to a 75% CLTV.

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.

Happy Dogs and Cat Video

The cat in this video is amazing!

Venezuela Joke

A new report came out that calls Venezuela the most miserable country on earth. After hearing this, Kim Jung Un said, “What do I have to do? What do you want from me?” -- Conan O’Brien

One-Point Commercial Bridge Loans

Please don't forget about Blackburne & Sons' one-point bridge loan product for commercial properties:

Interest Rate: 12.9%
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

Landscaping Joke

Driving along the freeway in Southern CA, I spied two landscaping trucks loaded with sod and bearing these slogans: "Instant Grassification" and "Sodisfaction Guaranteed.” (I admire clever marketing!)

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!

Please Don't Start. Please Don't Start.

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:

Desmond Stoll at 916-338-3232
NMLS # 1013512

Alicia Gandy at 916-338-3232
NMLS # 389678

Salmon Joke

"California is having to drive 30 million salmon to the ocean because this year’s drought has dried up the rivers that normally get them there. Unfortunately, to make the salmon comfortable, the truckers had to drive against traffic." -- Jimmy Fallon

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.

Punctuality Joke

During my freshman year at East Texas State University in Commerce, I worked nights as a waiter. The following year, wanting my evenings free, I applied for a dormitory maintenance job and was asked, "How are you on punctuality?" "Oh, I'm good at that," I blurted out without thinking. "I'm an English major.”

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:

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

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.

President Joke

Donald Sterling's girlfriend said she's “going to be president of the United States” one day. Yeah, like we’re going to elect someone who secretly records people’s private phone calls and conversations. -- Jimmy Fallon

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.

Disguise Joke

One evening during a poker game, a man was bragging to his friends about how his sister disguised herself as a man and was able to join the army. "But, wait a minute," said one listener. "Your sister will have to dress with the boys and shower with them, too. Won't she?" "Sure," replied the man. "Well, won't they find out?" asked another poker player. The first man shrugged his shoulders and replied, "Sure. But who is gonna tell?”

Buy Commercial Leads

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

Get a Free e-Book on CREF

I've assembled my best commercial real estate finance training articles into a wonderful e-book that is yours free.


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
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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



COMMERCIAL LEADS


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

Click Here for More Details



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

Click here and bookmark it.



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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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