Best Commercial Real Estate Loans in Golden Glades, FL
Do you need a construction loan and you’re not sure where to get one? If you’re anywhere in Golden Glades, FL and you find yourself needing a construction loan, don’t try finding it elsewhere – we here at Florida Commercial Real Estate Loan Group are more than ready and prepared to give you one.
Getting approved for a construction loan might not be the easiest thing to do, however, it’s not as hard and as complex as how you think as well.
What We Need For a Construction Loan
In a typical sense, lenders would ask you for documents that discuss and dictate a couple of things that they need to see what type of payer you are with your debts and your loans, some of which include:
- Bank statements
- Credit score
- Tax returns
But our company doesn’t focus on what you have done in the past, but rather, we focus more on the type of business and how you plan on making money with the investment you just made.
Therefore, as a lender, we would put much more focus on both the current and the present, and that includes:
Projection of Sales/Profit
This is the document that provides information about the type of business you plan on doing with the property/commercial establishment. It’s going to help the lender figure out if you will be able to make money with the property/establishment.
Fixed-Price Building Contract
The building contract will allow a lender to know or to figure out if a building’s price is something that is applicable to the loan – if it is close to one another.
Assets and Liability Statements
Statements of assets and liabilities, lastly, dictate if a business is making money. This means that the borrower would have more means of paying and settling the loan instead of those that have no assets and liabilities.
Low Down Payment
Herewith us at Florida Commercial Real Estate Loan Group, we will ask for a low down payment for us to be able to release the initial funds for the construction loan. If other lenders typically ask anywhere between 15 to 25%, we can guarantee ours to be less than 10%!
Wherever you may be in the city of Golden Glades, FL, you can bank and count on us to help you with the construction loans you need!
So, whatever type of commercial real estate loan you need, we’re sure that we will be able to accommodate whatever your requests are!
Dial us or send us an email – and we will be more than happy to help you!
We’ll Give You a Free Computation!
Other than all the features and the benefits of working with us, we will give you a free sample computation!
We would never leave you hanging or you on your own! We’ll help you from the most basic or the simplest of steps!
Contact us today and get pre-approved for the loan tomorrow! Waste no time and work with us directly!
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: