We are a Texas Mortgage Broker that specializes in Texas Commercial loans , Texas commercial stated income loans, Hard Money, business loans and Commercial loan modifications. We do commercial loan mods in all 50 States and we do commercial loans worldwide. 877-TX-LENDING http://www.CommercialLoansofTexas.com
Friday, October 26, 2007
Subprime Meltdown complete
It looks like the subprime meltdown is over. 70 Lenders are now out of business including two of our favorites. New Century and Greenpoint are done. A lot of the programs that disappeared are coming back including 100% purchase for < 600 credit scores. We mostly do Jumbo Texas cash outs. I have a $ 5,000,000 deal that should close on Monday. Wish me luck!
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