ALLIED COMMERCIAL FUNDING CORP EXPANDS ITS COMMERCIAL FUNDING SERVICES NATIONWIDE.
Allied Commercial Funding has long been a leading source of private money for commercial loans in Southern California. Earlier this year they completed an expansion project to provide a wider variety of commercial real estate loans to its clientele beyond the private money and hard money arena and are now offering these same services nationwide.
“Our expansion began when we saw there was a need in the market to provide commercial real estate and rental home owners with a variety of loan products from the top of the FICO score to the bottom,” stated Allied’s Founder and President Jerry Carll. “I decided to provide a service where commercial property owners or investor buyers could, within a very few minutes, find the commercial loan that best fits their situation.
Allied Commercial Funding’s expansion grew out of the realization that many commercial real estate property owners or buyers could no longer qualify at their local banks. The economy has been brutal to many commercial property owners. Many have found their credit scores have suffered over the past few years or their tax returns are now showing more of a loss than a profit. Fortunately Allied has a variety of loan types to fit almost any situation. Whether a person has a great credit score and needs a Bank loan and can provide all the bank documentation requested or has a need for a Stated Income Commercial Loan where a very minimum of documentation is required, Allied may have a loan product that fits. Our clients frequently hear “We’ve got a loan for that.”
Allied Commercial Funding Corp’s most popular commercial loan product currently is a Stated Income Loan. It provides a source of lending to the commercial public with bank turn downs but are not hard money borrowers; have good credit but can’t provide the impeccable tax returns to a bank or institution or can’t meet the new debt to income ratio requirements. Providing this service comes naturally to a company who specialized in creative commercial hard money funding for over 30 years. “Today not everyone can qualify for a Bank loan and don’t necessary want a hard money loan. Many times we can offer them this long term fully amortized alternative to hard money with no balloon pay off.” stated Jerry Carll “Or we can provide a hard money loan and when their credit or situation improves, move them up into a Stated Income long term loan or even a bank loan. We create long term relationships.”
Allied Commercial Funding is a full service commercial mortgage brokerage firm specializing in institutional full document commercial loans, stated income commercial loans, bridge loans, hard money and private money funding. Working with Allied is like working with a multitude of lenders all at one time; many with special lending niches. We know time is valuable and we excel at reducing the time involved in the commercial loan search.
For more information on Allied Commercial Funding Corp, visit www.alliedcommercialfunding.com or call ☎ 800-247-8212.