In the current economic environment, institutional lenders are tightening credit, making it difficult to finance commercial projects that were once easy to finance. It's forced borrowers to look elsewhere for debt to get deals funded. Private lenders are a great alternative to conventional lenders. All private lenders are not "Hard Money Lenders" making short term loans charging exorbitant double digit rates and large fees.

If you have been turned down by a conventional lender or you have a client that can't get conventional financing on contruction/bridge/permanent loans, call me I have a select group of private lenders that do permanent loans amortized over 30 years in the single digit rate interest rate range at competitive fees as well as the const./bridge hard money loans in the low double digit range.

My private lending sources can provide a breath of fresh air to you or your client when it comes to the whole loan process by moving quickly, with less documentation and at competitive rates and terms.

Wall Street Journal (09/08/06) P. A2; Izzo, Phil Economists polled by the Wall Street Journal expect the Office of Federal Housing Enterprise Oversight's home-price index to show an average gain of just 0.43 percent in 2007, with slightly more than half of the 48 respondents anticipating that residential values will either hold steady or fall. The average 3.5- percent increase projected for this year is substantially lower than the 13-percent appreciation rate recorded last year. Standard & Poor's chief economist David Wyss believes home prices will drop in Florida, California, the Northeast and other markets that are overvalued and contain numerous second homes and investment properties, as well as in Michigan and other markets suffering from job losses. "Prices will have to go lower to give demand a lift in the short term," says AllianceBernstein economist Joseph Carson. "Affordability is an issue across the board."

It is not the critic who counts, not the man who points out how the strong man stumbles or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again. who spends himself in a worthy cause, who at the best knows in the end the high achievement of triumph and who as worst, if he fails while daring greatly, knows his place shall never be with those timid and cold souls who know neither victory nor defeat.

Theodore Roosevelt

Cornerstone Commercial Mortgage specializes in commercial real estate finance. We act as mortgage consultants, focusing on providing the appropriate financing solutions for each client. We work with investors and developers on all product types from Land loans to permanent loans providing the best financing option available.

John P. Lloyd, President/Owner
Phone: (702) 385-2658
Cell: (702) 379-3468
Email: john.lloyd@cmlv.net