September 27, 2016
When the Martin County based Bayview Construction Services needed to refinance a commercial property they reached out to us to help them in their loan search. Working together we created a comprehensive, detailed loan request and presented it to the best matched local lenders in our area. The end result was a […]
October 3, 2016
By: John Patterson CFP ® Rates are “Super” right now. No local lenders/banks reported any increases in their commercial loan rates and a few actually lowered their interest rates slightly. There is talk however of future tightening from some area Lenders The prime rate remains unchanged at 3.5% and the 10 year T-bill […]
October 26, 2016
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous actions for a loan that a borrower doesn’t need, doesn’t want or can’t afford. Scenario: Despite trying your best your […]
December 19, 2016
Commercial Loan Rate Survey – Florida By: John Patterson CFP ® Up, up and away. Unfortunately Cats & Kittens, interest rates have recently gone up and future rises in interest rates in 2017 looks probable. The prime rate just rose ¼% and is now at 3.75%. In a little over a month the 5 […]