Creative Financing Opportunities Available

With the uncertainty and upheaval in the Banking world, you need more than ever before creative solutions to today's complicated financing problems.  Cornerstone Commercial Mortgage is actively arranging a variety of loans to help borrowers navigate their way through this storm.  Do you have an opportunity or situation where you need:

• Bridge financing to buy a note at a discount or take advantage of a purchase opportunity at a short sale and need all cash.
  
• Construction Financing
• Refinancing a maturing loan
• Refinancing or purchasing a Jumbo residential home loan
• Conventional long term HUD or Fannie Mae permanent loan
• Financing for a defaulted or distressed mortgage being sold by the bank
  

We believe there are numerous opportunities in the market today, please call us to see how we can help you.

TARP Panel: Small Banks Are Facing Loan Woes

Nearly 3,000 small U.S. banks could be forced to dramatically curtail their lending because of losses on commercial real-estate loans, a congressional inquiry concluded.

The findings, set to be released Thursday by the Congressional Oversight Panel as part of its scrutiny of the Troubled Asset Relief Program, point to yet another obstacle for the slow-moving economic recovery. The small banks being threatened by loans they made for shopping centers, offices, hotels and apartments represent a major cog in the U.S. credit system, especially to entrepreneurs.

"The banks that are on the front lines of small-business lending are about to get hit by a tidal wave of commercial-loan failures," said Elizabeth Warren, a law professor at Harvard University who heads the TARP oversight panel.