Category Archives: home loan az

Why There are Mixed Signals for Commercial Loans in 2018


Many are optimistic for 2018 to be a great year when it comes to commercial loans, but others are also preparing for some bad financial scenarios to hit this year.

The multifamily market on the west coast could be a cause for some concern. Rental rates have increased, causing the market to be unsustainable. Also, there is stiff competition among lenders, which leads to many dealing with commercial loans to expect an intense 2018 among lenders.

Because of this tough competition, lenders are starting to take more risks by approving higher-risk commercial loans. And if the market takes a turn for the worse, this could put many lenders in a bind. Even though signs do point to a stable 2018, lenders should be prepared in case of a sharp turn.

But the majority in the industry think that momentum from 2017 will carry over into 2018. They also this that not only will there be stability, but that the commercial industry could even see a 5 percent increase.

Many are optimistic for 2018, but some of the issues could be the start of a downfall in the market.

The issues with stiff lender completion and increase in rental rates could be the start of the marketing taking a turn for the worse. It might take a couple of years, but the impact could start in 2018. Especially if the issues continue or if new issues come up.

Some bad signs are also hitting office properties and retail stores.

More people are starting to work from home, which is becoming a bad sign for office properties. With people using their home as their office, there is no need for office spaces, which is leading to a higher vacancy. Retail stores are also starting to lay off more employees, which is another bad sign. That means that they could be on their way to going out of business, leading to the vacancy of even more spaces.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
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About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Didn't Your Mother Ever Tell You NO? You Can’t Have It!

You need that Arizona Residence Mortgage to Buy your Dream Residence, However…

Arizona Mortgage Broker
Arizona Mortgage Dealer, Laborious Cash Loans, Arizona Residence Loans, hard money lender Arizona
I’ve received an fascinating job.  All day lengthy I take heed to individuals’s tales as to why their credit score rating is down within the low 400 ranges and so they need an Arizona Home Loan.  They name and I pay attention to a degree.  It’s often not their fault as to what occurred.  They’d a lack of job, needed to transfer, received a divorce, firm went out of enterprise, home was the other way up,  the mortgage firm did an unlawful foreclosures (no matter this implies) and so they find yourself saying ‘it was not my fault that I’m now at a 424 FICO’.  I pay attention and pay attention and emphasize with them and say as you recognize it’s not one thing that you may have averted.  It’s actually not your fault.  Nonetheless, being on this enterprise for years I’ve come to some placing conclusions; they’re:
  1. The credit score rating is the King in relation to a loan approval.  In the event you’re down at 505, the Mortgage Corporations, FHA, VA, USDA actually don’t care to take heed to your story.  It’s a truth in your credit score report and it’s not going away.  Though some lenders will take a hardship letter of clarification for an Arizona Home Loan this often doesn’t work.  Once you get all the way down to the Nitty Gritty, they don’t care and your mother doesn’t work there.
  2. It actually was your fault.  You ought to have had a plan or discovered a second job, or had ample money reserves to deal with the bump within the highway.  It’s your fault whenever you didn’t pay for the mortgage and the financial institution foreclosed on you and kicked you out.  Once you don’t pay it’s your fault. 
  3. When the borrower is instructed NO, that they won’t qualify for that Arizona Residence Mortgage, this information is just not new information for them.  They already know the reply.
You Can’t Have That Arizona Residence Mortgage ! Mother Mentioned No.
Folks wish to focus in on the issue and never the answer.  They are going to let you know about
Credit Score Card
Arizona Mortgage Dealer
issues previously and the way it’s ruined their life and they’re going to discuss to anybody who will take heed to them.  They wish to say the identical factor over and over, ending the story with ‘It’s not my fault’. And largely they are saying ‘it’s not honest.  Why can’t I’ve this new dwelling?  It’s not honest.  However I need it; I need it, why can’t I’ve it? I need it. It’s not my fault. It’s not honest’.  You get the image; they go on and on and on.


So what’s the resolution for this borrower to get the Arizona Home Loan?  

First they should discover the individual whose fault it’s that put them on this dangerous scenario, observe them down and confront that despicable, imply, terrible individual for placing them on this horribly unfair scenario.  They often can discover that individual by wanting into the mirror.

Second they should concentrate on the answer not the issue.  The issue is previously and you may’t again it up and do a re-do.  I don’t hear a common backup BEEP BEEP BEEP.  So let’s not linger on the issue, however the resolution.  Ask your self how are you going to unravel the issue of a 505 credit score rating?  Once you concentrate on the answer the issue goes away.

And at last, NO that Arizona Home Loan is just not going to occur.  In the event you don’t imagine me ask your mom.

Arizona Home Loan Team
Arizona Residence Mortgage, Mortgage Dealer
Dennis Dahlberg
Dealer/RI/CEO/MLO
Level 4 Funding LLC
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.SETABAY.COM
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoeni