Tag Archives: apartment building

Ensuring a Commercial Loan Modification with a Forensic Audit

A commercial loan modification is a modification to a loan agreement, which replaces an existing loan agreement. A bank or commercial lender is not required to consider or grant a commercial loan modification. A commercial loan agreement allows the lender to pursue … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , , , , , | Leave a comment

Commercial Loan Modifications are a Relief in 2009

Commercial loan modifications bring well needed relief to cash strapped business owners trying to weather the storm. According to national newspapers and research firms, there is currently a 30% vacancy in office buildings across the county. Landlords are being forced … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , , , , | Leave a comment

Commercial Loan Modification Lingo Part 1

A commercial loan modification is when a commercial loan is altered or modified to create a new loan agreement between the lender and the business owner. A commercial loan modification is designed to make the monthly loan payments more affordable … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , , , , , , | Leave a comment

Commercial Loan Modifications are the Best Solutions for Lenders

Commercial loan modifications are seen as the new solution for both business owners and lenders to endure the rough economic times. With the wide spread bankruptcies and foreclosures, something drastic needs to be done to calm the storm. The FDIC … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , , , , , | 3 Comments

How Can The Truth in Lending Act (TILA) Affect My Commercial Loan Modification?

A Commercial loan modification is an alteration of an original commercial loan agreement. However, if the original commercial loan agreement violated the Truth in Lending Act (TILA), then it is not enforceable and must be modified. The Truth in Lending … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , , , , | 1 Comment

How Do I Qualify for a Commercial Loan Modification?

A commercial loan modification will create a new contract between you and your lender because the terms of the loan will have been changed or modified. The Commercial Loan Workout will potentially change the amount of principal you owe on … Continue reading

FacebookTwitterLinkedInGoogle BuzzYahoo BuzzFriendFeedDiggRedditDeliciousTechnorati FavoritesStumbleUponEmailPrintShare
Posted in Commercial Loan Modification, Commercial Workouts | Tagged , , , , , , , , | Leave a comment