Your Trusted Finance

Commercial Property Reveivership (Minnesota)

2011-07-18T06:43:00.000-07:00

COMMERCIAL REAL ESTATE COMPANIES, LLC

RECEIVERSHIP

Nature of Business

Minnesota Statute 582.05 states that upon the commencement of foreclosure of any mortgage of more than three years covering urban property, or at any time after such commencement, the lender may apply to district court for appointment of a receiver to take immediate possession of the premises to hold, maintain, operate, collect rents and income, and apply the collections for various expenses. The only condition is that a default has occurred. The court has discretion on whether to appoint the lender as receiver, if the lender applies to be the receiver. Most lenders avoid this so as not to subject themselves to potential liability. The receiver must file an account with the court upon termination of the receivership.

The primary advantages to the lender of having a receiver are as follows:

Diversion of rents by the owner of the property is eliminated.
Whatever rents are available can be used to pay expenses and necessary maintenance.
Existing tenant relationships can be maintained.
Maintenance issues can be addressed immediately, avoiding the potential for significant deterioration.
The lender has priority for rents if the borrower declares bankruptcy.

Commercial Real Estate Companies, LLC.

Property Rehab Loans

2011-07-06T20:17:00.000-07:00

Yes...

There is money for the right borrower!

You need to have:

- Experience

- 25% of cost to put down (Purchase plus construction/rehab costs = X ->->-> Must have 25% of X)

- House that profit built in after (Agent Costs, Finance Costs, Purchase Costs, Construction Costs, etc)

For this type of financing or other commercial mortgage loan needs contact our team today! CRE Companies, LLC

CRE Companies, LLC

Competitive class A, B, C, and D apartment Loans for the Twin Cities, MN area.

2010-03-30T14:05:00.000-07:00

Competitive class A, B, C, and D apartment Loans for the Twin Cities, MN area.

Our team can assist you in finding extremely competitive commercial loans for Class A, B, C and D property types in the Minneapolis, St Paul and surrounding metro area.

These property types include:

- Multifamily of 5 units or more
- Mixed-use commercial
- Mobile Home Parks

Multi-tenant underwriting boils down to three main things:

-Debt Service Coverage Ratio, Global ratios and Loan to Value. Banks confirm that both the property and service the debt at a 1.25 Debt Service Coverage Ratio and the guarantor can personally service the debt as well. Most underwriters feel most comfortable with loans not exceeding 75% loan to value but with exceptions may go as high as 85%. If is a fact that highly leveraged properties are more likely to default.

For more information about applying for a commercial loan please contact:

Dax Dickson
Commercial Real Estate Companies, LLC
651-447-6300

Twin Cities Investor Loans

2010-01-09T12:12:00.001-08:00

Investor Loans

Investors often think their only option to purchase residential properties, rehab the property and either re-sell it or turn the property into a rental is hard money. This is not the case!

This is not the case. If you are an experienced real estate investor or a pro there is bank financing. It requires the ability to complete a project, good credit and some down payment. The advantage is lower rates, longer term financing that you can live with.

If you would like to learn more please contact me by phone or email.

Dax Dickson
2446 University Ave
Suite 108
St Paul, MN 55114

dax@crecompanies.com

Investor Rehab Loan (Minneapolis / St Paul)

2010-01-09T12:06:00.000-08:00

Simple and Fast Way to finance Bank Owned REO Properties in the Twin Cities, MN Metro

LIST OF ITEMS REQUIRED TO UNDERWRITE A

REHAB LOAN

Required Documentation:

1. A PERSONAL FINANCIAL STATEMENT (PFS) FOR EACH PARTNER with an interest of 20% or more.

2. BANK STATEMENTS and ASSET STATEMENTS for any and all accounts listed on the PFS

3. LAST 3 YEARS’ TAX RETURNS (business & personal) for each partner with an interest of 20% or more in the project.

4. COPY OF FULLY EXECUTED PURCHASE CONTRACT.

5. SWORN CONSTRUCTION STATEMENT including hard and soft costs.

6. BACKGROUND/BIO ON EACH PARTNER emphasizing development/construction/renovation/real estate experience and past projects successfully completed.

7. PERMISSION TO RUN CREDIT REPORT(S): (FOR EACH PARTNER WITH AN INTEREST OF 20% OR MORE).

General Loan Requirements:

1. Minimum 660 FICO score

2. If rental, minimum 1.25 Debt Service Coverage Ratio (DSCR)

3. If using DTI, maximum of 45%

· Can blend with global calculation

4. If DTI and DSCR do not work we can use marketing plan and pledge payment reserves to bank

5. Six months reserves

6. Purchase plus construction = X, Loan amount = 80% of X

*** The documents listed above are the documents we require to evaluate the borrower and issue a pre-approval. Every deal is different so the bank may require some additional documentation or clarification. ***

Please Contact:

Dax Dickson
Commercial Real Estate Companies, LLC
2446 University Ave W
Suite 108
St Paul, MN 55114
651-447-6300

Incompleted New Construction

2009-12-11T19:15:00.000-08:00

Lately, I have spent a lot of time with some of the Twin Cities MN community banks trying to help them either find a way to complete construction of unfinished projects they took back or help them find buyers for these new construction rehab projects. It has been tougher than I suspected.

The banks have the ability, even though construction is not the business of the bank, to finish these projects and sell whole homes. There are a lot of investors out there that do not realize this is actually an option for the bank.

There are also banks I have spoke with lately that do not want to complete the projects but do not want to sell low enough that investors can make a profit. There is a happy medium and I believe it can be met if both investor and bank apply logic to the situation.

It is amazing that in many cases both are to stubborn to do so.

I am glad to see some banks I would have bet on being closed by now heading into the New Year ready to lend again.

There are great opportunities for banks and rehab investors.

Now all we need to do is get the word out about the great rehab finance options and get more banks on board to do them.

Dax Dickson
2446 University Ave W
Suite 108
St Paul, MN 55114
651-447-6300

Favorite Quote!!! "On Creativity"

2009-11-10T19:29:00.000-08:00

On Creativity

The man who follows the crowd
will usually get no further than the crowd;
The man who walks alone is likely to find himself
in places no one has ever been before.

Creativity in living is not without its attendant difficulties,
for peculiarity breeds contempt
and the unfortunate thing about being ahead of your time
is that when people finally realize you were right,
they'll say it was obvious all along.

You have two choices in life:
You can dissolve into the mainstream or you can be distinct.
To be distinct, you must be different.
To be different, you must strive to be
what no one else but you can be.

Anonymous

Apartment Mortgage Loan Financing

2009-10-04T18:23:00.000-07:00

Apartment Mortgage Loan Financing

Here in the Minneapolis and St Paul Metro area community and national banks love apartment buildings and they consider them a great asset. What you have been hearing on the news, "With the current credit crisis there is no money to lend" is not true. For those experienced investors there is an abundance of money to lend to qualified, experienced real estate investors.

If you need:

- Refinance loans on currently owned apartment buildings

- Construction financing to either build new or rehab existing apartment buildings

- Purchase mortgage to buy a cash flowing apartment building

In the Minneapolis or St Paul, MN metro area there are plenty of banks to work with.

We can help you or your client analyze the debt service coverage (DSCR) or cash flow of an existing or new apartment complex. Our team can also help direct you to the national or community lender that can fund this deal and make it reality.

If you need additional information about apartment consulting or loan financing feel free to contact our team!

Dax Dickson

Commercial Real Estate Companies, LLC

Located in St Paul, MN

Serving the Minneapolis and St Paul, MN Metro area!

Dax Dickson
2446 University Ave W
Suite 108
St Paul, MN 55114
651-447-6300

There is money

2009-10-04T16:34:00.000-07:00

So many people think that this credit crisis is making it impossible to get mortgage loans for rehab construction projects, business loans and apartment or income property mortgages.

This is not the case.

There is plenty of money for qualified borrowers in the Minneapolis and St Paul, MN metro area.

If you are buying or refinancing:

- Bank owned homes

- Apartments or other income properties

- Industrial or hospitality property

We can help! There are plenty of loans for qualified real estate and borrowers!

Dax Dickson
Commercial Real Estate Companies, LLC
2446 University Ave W
Suite 108
St Paul, MN 55114
651-447-6300

Minneapolis Bank Owned Rehab Market

2009-10-04T15:35:00.000-07:00

Minneapolis Bank Owned Rehab Market

Here in the Minneapolis metro area there are more deals than money. This is the absolute truth!

The biggest problem I have is finding qualified investors to work with. The rehab construction loans are available to those who qualify. These loans are easy to get for the investors that really intend on buying ten plus bank owned rehab properties in Minneapolis or St Paul, MN metro area.

If you are an agent or investor struggling to find the financing to buy, fix and either sell or rent these great bank owned rehab properties in the Twin Cities, MN metro we need to talk.

There are great options for larger investors as well. People buying distressed apartments, offices and other commercial buildings can get loans to fix these properties up.

Now is the time to be in the market. Rates are low and so are real estate prices.

If you need assistance with financing or finding your next deal, contact our team!

Dax Dickson

Located in St Paul MN

Serving the Minneapolis and St Paul, MN Metro Area

Dax Dickson
2446 University Ave W
Suite 108
St Paul, MN 55114
651-447-6300

Small Business Loans

2009-09-27T07:58:00.000-07:00

SBA

You can use an SBA loan to refinance business debt resulting in a longer term and lower payments!!! Interest rates are at an all time low, and the program fee is currently waived !!!

The SBA recently made refinancing of commercial debt much easier by lifting many of the old restrictions on taking out existing debt. SBA loans of up to $2,000,000 can be used to refinance equipment (10 years), leases (10 years), real estate (25 years), inventory (up to 10 years) and even working capital (up to 10 years).

Whether you want to free up more cash to fuel growth or just need a little more breathing room, an SBA refinancing may be your answer. We can refinance the following types of business loans:

•Long term debt structured with a demand note or balloon payment;

•Debt with an interest rate that exceeds the SBA maximum interest rate for the processing method being used

•Credit card debt – if it can be shown the card was for business use only

•Debt that is over-collateralized based on SBA’s collateral requirements

•Revolving lines of credit (short term or long term) where the original lender is unwilling to renew the line or the applicant is restructuring its financing in order to obtain a lower interest rate or longer term;

•Debt with maturity that was not appropriate for the purpose of the financing (e.g., a 3 year term loan to finance a piece of equipment with a useful life of 15 years); and

Call us for more info at 651-447-6300

Commercial Real Estate Companies, LLC.

Commercial Rehab Construction Loans for Minneapolis Residential REO

2009-09-13T09:32:00.000-07:00

Rehab Loans are a great way to buy investment reo properties in the Minneapolis and St Paul Metro area.

How they work:

Purchase + Construction costs = X

Rehab loans require a 20% down payment of X

This means that 80% of all costs are financed

These loans do require proof of repayment and credit scores of a 620 FICO or better

Many investors and agents do not qualify for the most popular rehab loan called the FHA 203K. It is a common mistake made that people think the only way to buy these great bank owned properties is cash if they can not get the FHA 203K loan or other conventional mortgage programs.

This is not TRUE!!!

Qualified borrowers can buy using commercial rehab construction loans. Both for buying to fix and sell or buying to fix and rent.

If you or a client of yours would like to learn more about these great loan programs do not hesitate to contact me.

Dax Dickson
President
Commercial Real Estate Companies, LLC
651-447-6300

Business Finance (7A)

2009-09-11T07:48:00.000-07:00

SBA 7A Loans

SBA 7A loans are variable rate with a maximum allowable rate of P+2.75%. They are used primarily for financing company operations, equipment, inventory, and accounts receivable, but may be used to finance real estate. Features of the program are:

•The maximum amount has been increased from $2,000,000 to $4,000,000
•The gross receipts qualifying level of $7,000,000 has been removed. Companies must have book net worth of $8,500,000 or less, and after tax income of $3,000,000 or less.
•The 2%-2.5% guarantee fees have been waived.
•The loan to value is 90% of discounted collateral, with upward exceptions sometimes made.
•The SBA is now insuring lenders up to 90% of the loan amount
•There is no prepayment penalty.
If you need help securing financing for your business, contact us. We will help you from writing your business plan to closing your business loan.

Dax Dickson
Commercial Real Estate Companies, LLC

Serving Minneapolis / St Paul MN and surrounding areas

651-447-6300

We also can help facilitate your commercial real estate mortgage loan needs from construction financing to securing the long term mortgage debt on existing properties owned.

Multi-family and Senior Rental Loans Available

2009-09-11T07:47:00.000-07:00

Agency or Government Guaranteed Mortgage Financing

FNMA, Freddie Mac, FHA/HUD and USDA guaranteed debt financing is available for Multi-family market rate and affordable housing and senior rental projects. Retail elements in mixed use projects may be eligible in some cases. Construction/permanent loans are available from FHA/HUD and USDA.

Small and Rural hospital financing is available under FHA Section 242 programs, as is enhanced and un-enhanced bond financing.

Rates are presently highly competitive. Loan to value ratios range from 75% to 90%, depending upon the agency. FHA/HUD, FNMA and Freddie Mac have non-recourse features.

Documentation Required for Application

Documentation varies by lender, with each agency having a number of specific forms to complete. Borrowers should be ready to supply:

1.Three years personal tax returns of any of the principals owning 20% or more of the projects.
2.Three years business tax returns if a refinance of an existing property.
3.Sworn construction statements, when applicable.
4.Rent rolls, by month for the preceding twelve months.
5.Two years income and balance sheet projections, with the first year by month.
6.Old appraisals, environmental reports or market studies, if available.
7.Personal financial statements of any principal owning 20% or more of the project.
8.Credit reports of the principals, if available.

Additional information will be required by the various lenders depending upon the type of project and the lender selected.

Dax Dickson

Commercial Real Estate Companies, LLC

Serving Minneapolis / St Paul MN and surrounding areas

651-447-6300

We also can help facilitate your commercial real estate mortgage loan needs from construction financing to securing the long term mortgage debt on existing properties owned and business loans.

Business Loan (SBA 504)

2009-09-11T07:46:00.001-07:00

Commercial Real Estate Companies, LLC is ready to help you secure the business loans your company needs!

SBA 504 Loans

These loans are for owner occupied (51% of space or more) commercial real estate. Features of the program are:

•The maximum loan amount is $4,000,000.
•The loan to value is 90%, reducing to 85% if the property is single-purpose.
•The rate is fixed, with an amortization period of 25 years. Rates presently range from 5.75% to 6.25%.
•SBA guarantee fees have been waived.
•Prepayment penalties are negotiable.

If you need help securing financing for your business, contact us. We will help you from writing your business plan to closing your business loan.

Dax Dickson

Commercial Real Estate Companies, lLc

Serving Minneapolis / St Paul MN and surrounding areas

651-447-6300

We also can help facilitate your commercial real estate mortgage loan needs from construction financing to securing the long term mortgage debt on existing properties owned.

40th Year Anniversasy of 1969 Moon Landing

2009-07-20T08:28:00.001-07:00

I was checking out different sites that have images and video from the 1969 Moon landing and came a cross some great sites. It is amazing how long it has been since man first landed on the moon and I think even more amazing that we kind of dropped the ball on space research over the last 40 years.

Check out these links:

http://wechoosethemoon.org/

http://astronomyhistory.suite101.com/article.cfm/40th_anniversary_of_the_moon_landing

http://www.jsonline.com/news/wisconsin/51148707.html

Multi Family and/or Commercial Mortgage Underwriting

2009-07-18T14:59:00.001-07:00

LIST OF ITEMS REQUIRED TO UNDERWRITE A

MORTGAGE FOR A MULTI-FAMILY OR MIXED-USE PROPERTY

(The need for items #10-13 will vary according to each situation).

•1. CURRENT RENT ROLL including:

Regulated units (controlled, stabilized)

Apartment numbers

Room/Bathroom Count

•2. COMPLETE INCOME/EXPENSE STATEMENT on the property including:

Annual property taxes

Insurance

Water/Sewer

Fuel, Electricity

Maintenance/Repairs & Management

•3. SUMMARY OF ALL COMMERCIAL LEASES (if any) showing escalations & expirations.

•4. COMPLETE, DETAILED PHYSICAL DESCRIPTION INCLUDING SQUARE FOOTAGE.

•5. IF ACQUISITION, PROVIDE COPY OF FULLY EXECUTED CONTRACT OF SALE.

•6. IF REFI, PRICE ORIGINIALLY PAID FOR PROPERTY, date of purchase and summary of current financing.

•7. PHOTOS, if available

•8. SITE PLAN OR PROPERTY SURVEY, if available.

•9. SUMMARY OF CURRENT FINANCING (refinance only) including:

Current Lender

Current principle balance

Current interest rate

Current monthly payment

Maturity date

Prepayment penalty information

•10. CURRENT PERSONAL FINANCIAL STATEMENT (where applicable)

•11. CURRENT BUSINESS FINANCIAL STATEMENT (where applicable)

•12. LAST TWO (2) YEAR'S PERSONAL TAX RETURNS (where applicable)

•13. LAST TWO (2) YEAR'S BUSINESS TAX RETURNS (where applicable)

•14. PERMISSION TO RUN CREDIT REPORT(S)

Our team is located in St Paul, Minnesota

Contact US

651-447-6300

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Creative Commercial Rehab Loan

2009-07-18T14:46:00.000-07:00

I have heard many real estate agents say that the only way to close on condemned houses is cash.

This is not true!

There is a GREAT commercial loan for residential REHAB loan:

This is how it works:

- 75% LTV of the purchase plus construction costs
- 620 Minimum FICO
- 45% DTI

It is that easy!

Dax Dickson
Commercial Real Estate Companies, LLC

651-447-6300

Closing Creative Commercial Mortgage Loans in Minnesota!!!!!!!!!!!!

Commercial Apartment Mortgage Loans

2009-07-18T14:44:00.000-07:00

Apartments and Apartment Financing in the TC, MN Metro

It has gotten very busy with REO Rehab mortgage financing for the past several months. Suddenly, I have noticed an increase in apartment loan requests. To often it seems like only one place in the real estate or mortgage finance market is really doing well. That's just not the case. Even though I have seen a big drop in loan requests for multi-tenant commercial spaces there has been a big spike in apartment refinancing and purchase mortgages but more surprisingly a lot of apartment construction or conversion loan requests.

Rates are great

Business is GREAT

I hope all of you real estate investors just keep on coming!!!

Dax Dickson

Minneapolis,

651-447-6300

If you are thinking about buying bank owned apartments in the Minneapolis or St Paul, MN Metro area feel free to call and get a referral to a great commercial reo agent here in Minnesota!

How has the Economic Depression changed my life?

2009-07-17T18:51:00.000-07:00

Economic Depression...

What does it mean?

Everyone is taking about it!

I really see this Economic Depression differently than most. For my industry it seems to be a good thing. I am a commercial finance specialist and consult with small to medium sized companies. These tough times have really boosted investment.

A lot of my clients who had been buying larger buildings have really moved to buying these residential bank owned properties. They are making a killing and I help them get their money so I am doing well. The buzz in the Twin Cities, MN metro is the commercial rehab mortgage loan for residential real estate. At some point this will end.

What has been talked about lately is the next wave of bank foreclosures to take advantage of... COMMERCIAL REAL ESTATE!!! Some say we might see as much as a 300% to 400% increase in commercial foreclosures in the next 12 to 18 months. If this is indeed true I guess I know what type of commercial loans I will be helping my clients with next year. COMMERCIAL REHAB LOANS on this new wave of foreclosures.

There is always money to lend to qualified borrowers. It may be more expensive to get commercial mortgage loans but that is the cost of doing business.

We made it through tougher financial times in the past and we as a country can and will do it again!

This economic depression has made me appreciate a simple life and made me more focused on my career. I think good things can be born from rough times.

Dax Dickson
Commercial Real Estate Companies, LLC
651-447-6300

This Blog

2009-06-03T17:43:00.000-07:00

This Blog is great place for Mortgage and Real Estate information in Minneapolis / St Paul, MN Metro and the surrounding areas.

Services facilitated:

Commercial Mortgage Loans

* Apartments
* Strip Malls
* Mixed-use
* Office Buildings
* Churches

Commercial Mortgage Loans Solutions for Residential Investors

* PRR (Purchase Rehab Rent)Mortgage Loans
* PRS (Purchase Rehab Sale)Mortgage Loans
* Blanket Mortgage Loans (Loans over multiple residential properties underwritten like an apartment loan)
* Discretionary Line of Credit Mortgage Loan (Line of Credit to purchase multiple residential investment properties)

--
Dax Dickson
daxdickson@gmail.com
Commercial Real Estate Companies, LLC
President

St Paul, MN
651-447-6300

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Commercial Rehab Mortgage Loans

2009-05-03T17:42:00.001-07:00

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

If you would like to learn more about these loan programs for rehab properties in Minnesota please call 612-578-9898 or email daxdickson@gmail.com

Don't pay hard / private money fees and rates when you most likely qualify for great bank pricing on commercial loans instead!

Things are GREAT!

2009-04-27T20:32:00.000-07:00

Over the past several months I have really been focusing on the commercial loans I have been doing for residential investors. Pretty much these loans have been for two types of clients.

Investors interested in:

Purchase Rehab Rent (PRR) Mortgages

&

Purchase Rehab Sale (PRS) Mortgages

This has kept me busier than I have been in years. So many investors are gobbling up these great real estate and mortgage finance deals out there. It has been picking up so quickly that I may need to add another member to my team.

Now things are starting to change. I am still doing a lot of PRR & PRS mortgages here in the Minneapolis, St Paul, MN Metro area for these investors. Suddenly there is a huge surge of first time buyers that are coming to me for Fannie Mae & Freddie Mac mortgage finance to take advantage of these same great deals in the Twin Cities MN Metro area the investors have been all over for months.

I am so glad I stuck it out in late 2007 and early 2008 when so many mortgage finance guys and gals got out of the business.

If anyone out there has success stories about homes they have bought for themselves, real estate investments that have gone well or real estate and mortgage finance professionals that are seeing great success as well I would like to hear from you.

Thanks!

Dax Dickson
612-578-9898

Minneapolis & St Paul MN Rehab Mortgage Loan Finance Specialist

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Minneapolis & St Paul Area REO Rehabs

2009-04-14T19:36:00.000-07:00

WOW!

This market is awesome!

I really think this Minneapolis & St Paul, MN REO Rehab property market is better for real estate and finance professionals than the refinance and housing boom. Things are getting so busy I have to solicit new banks because the ones I have been doing all of my Purchase Rehab Rent (PRR) and Purchase Rehab Sale (PRS) mortgages with can not handle the volume.

It would be great to hear the success stories of others out there investing, selling real estate or in the mortgage finance business.

Dax Dickson
651-447-6300

Minneapolis & St Paul MN Rehab Mortgage Loan Specialist

More Banks NEEDED!

Banks please click HERE!!!

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

REHAB Mortgage (Needed Documents & Gen. Requirements)

2009-03-23T14:33:00.001-07:00

Commercial Real Estate Companies, LLc

__________________________________________________________________________

LIST
OF ITEMS REQUIRED TO UNDERWRITE A

REHAB
LOAN

Required
Documentation:

A PERSONAL FINANCIAL STATEMENT (PFS) FOR EACH PARTNER with an interest
of 20% or more.
BANK STATEMENTS and ASSET STATEMENTS for any and all accounts listed on
the PFS
LAST 3 YEARS’ TAX RETURNS (business & personal) for each
partner with an interest of 20% or more in the project.
COPY OF FULLY EXECUTED PURCHASE CONTRACT.

SWORN CONSTRUCTION STATEMENT including hard and soft costs.

BACKGROUND/BIO ON EACH PARTNER emphasizing development/construction/renovation/real
estate experience and past projects successfully completed.
PERMISSION TO RUN CREDIT REPORT(S): (FOR EACH PARTNER WITH AN INTEREST OF 20% OR MORE).

General
Loan Requirements:

Minimum 660 FICO score
If rental, minimum 1.25 Debt Service Coverage Ratio (DSCR)
If using DTI, maximum of 45%
- Can
  blend with global calculation
If DTI and DSCR do not work we can use marketing plan and pledge
payment reserves to bank
Six months reserves
Purchase plus construction = X, Loan amount = 80% of X

***
The documents listed above are the documents we require to evaluate
the borrower and issue a pre-approval. Every deal is different so
the bank may require some additional documentation or clarification.
***

Dax Dickson

2446 University Ave W│ St Paul│MN 55114

REHAB HOME LOAN

Minneapolis & St Paul MN Rehab Mortgage Loan Finance Specialist

Please Contact: 651-447-6300

Commercial Mortgage Loans in Minneapolis, MN

2009-03-21T14:18:00.000-07:00

WOW!!!

All the bad press really has people thinking there is no money for commercial mortgage loans in Minnesota. This is NOT true. If you have the credit and resources getting a commercial loan is easy.

We are still getting great commercial mortgage loans for apartments, strip malls and even residential rehab loans.

Before you give up on your search for the commercial mortgage loan in the Minneapolis or St Paul, MN Metro area give us a call!

Commercial Real Estate Companies, LLC
651-447-6300

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Exciting!!!

2009-03-20T11:52:00.001-07:00

I am really excited with current market conditions for my borrowers that are buying Bank / Corporate owned REO properties!

When working the numbers with the borrowers that are doing PRR's (Purchase / Rehab /Rent) mortgage loans in the Twin Cities Metro MN area I am seeing really great cash flow. Hitting the 1.25 DSCR (Debt Service Coverage Ratio) required by the banks they are hitting it out of the park. With the cost of acquisition and rehab on these properties I have borrowers that are seeing DSCR as high as 1.5 to 2. In almost ten years in the mortgage finance industry I have never seen such great deals.

This is just exciting! The more money my borrowers make the more loans I do and so on.

Tim Jochim 612-702-1111

Tim is the Minneapolis and St Paul Twin Cities, MN expert on rehab mortgage loan financing. If you are an investor that realizes residential financing is not the answer for rehab loans you need to talk to Tim! He will help you secure the correct commercial mortgage loan to buy, rehab and sell you next investment.

Serving clients in the Minneapolis & St Paul, MN Metro and surrounding areas

Minneapolis & St Paul MN Rehab Mortgage Loan Finance Specialist

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Hard / Private Money VS Bank Financing for Rehabs

2009-03-01T07:43:00.000-08:00

Recently, I have received a ton of calls from potential borrowers looking for Hard Money or Private Money to rehab bank owned properties. I have noticed two types of callers.

One, the borrower that actually qualifies for bank financing and had been told by their agent or some other non-finance specialist they needed Hard Money or cash to do these projects. These people are almost always pleasantly surprised to find out we can get them bank mortgage and they do not need to pay high fees and interest a private lender would charge.

Two, the potential borrower that has no credit, no solid income and no money to put into the project. This conversation usually starts like this "The property I want to buy last sold for $285,000 and I can get it for $125,000. It only needs about $50,000 in rehab so if your lender gives me a $175,000 it is a great deal for the lender and me. I am willing to pay him 15-20% when I sell the property." Once I inform them that they will need at least 20% into the project and the value we look at in using hard money is the purchase price + the construction rehab costs = X and X is the new true value in this market when applying for finance. These potential borrowers usually end the call and I am sure call another finance person that will tell them what they want to hear in the hopes of getting a loan. Then move on to the listing agents to waste their time. I say Good Luck!

It is a common misconception that if a property is not eligible for Fannie Mae or Freddie Mac mortgage finance that cash or Hard Money is the only option. This is absolutely wrong. If a borrower can either put 20% and sometimes more into the project they may be able to get a Hard / Private mortgage or the borrower has an adequate down payment and income to support the debt it is very likely I can get this borrower a bank rehab / construction mortgage.

Another misconception is that Hard Money is strictly based on the as completed value of the property. This does play a huge part to qualifying for a hard money loan but the lender will not put all of the financial risk on their shoulders. Purchase / Rehab Hard Money requires "Skin" in the game. The borrower has to have some money in to make the lender feel the borrower is committed. This might mean a 20% to 30% down payment. The only time a borrower can finance 100% of a Hard Money transaction is in a refinance and there is proven equity in the property.

I hope this little rant helps some of the confused potential borrowers out there and if you have additional questions feel free to contact me.

Dax Dickson
612-578-9898

REHAB Home Mortgage Loan

Minneapolis & St Paul MN Metro and surrounding areas

Minneapolis & St Paul MN Rehab Mortgage Finance Specialist

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

To find out if you qualify for commercial mortgage loans to rehab residential properties in the Minneapolis and St Paul area please contact Tim Jochim at 612-702-1111. Tim Jochim has years of experience in the residential mortgage industry and is now The Commercial Finance Store's subject matter expert on commercial loans to help investors get mortgage loans to buy, rehab and fix residential properties before renting them or selling.

FHA 203K Mortgage is not always the best answer!

2009-02-27T16:45:00.001-08:00

I often get asked about the FHA 203K mortgage. For the few people this program works for I would refer them to Matt Bartlett with Summit Mortgage. For the rest of the investors and borrowers out there buying rehab home there are better rehab mortgage options!

Our team has great solutions for investors and people who do not meet the FHA guidelines.

Recently, I have been working with more and more investors that have tried to buy "Fixer Uppers" and just haven't had luck finding the mortgage finance to take advantage of the great deals available.

I wish I could get our information out to everyone who needs help. We have the Purchase Rehab Sell mortgage solution, the Purchase Rehab Rent mortgage solution and can help facilitate investors to convert their IRA, 401K and other retirement investments into a Self Directed IRA they can use to invest in real estate.

If you, a client or investor you know needs help please feel free to contact our team about all of the mortgage and finance options available.

Dax Dickson
612-578-9898

Minneapolis & St Paul, MN Metro area!!

REHAB Home Mortgage Loan

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Twin Cities Minnesota

2009-02-25T18:08:00.001-08:00

Twin Cities Minnesota

Mortgage Solution

for

Rehab Finance Solution

and

REO Bank Owned Purchase Construction Financing

Many real estate agents in the Twin Cities MN area and investors buying corporate owned home in Minneapolis / St Paul that are in need of repairs have expressed concerns about the current "Credit Crunch" and not being able to secure the non-Fannie Mae financing to acquire these properties. My team listened to your concerns and worked with community banks to create two comprehensive mortgage solutions for those in need of commercial finance solutions for residential investment properties.

Solution One:

Purchase / Rehab / Rent (PRR) Mortgage solution

* Purchase Price + Rehab / Construction Costs = X

We facilitate loan amounts up to 100% of X with a saving account equal to or greater than 20% of X pledged to the lending bank instead of a 20% cash injection.

Solution Two:

Purchase / Rehab / Sell (PRS) Mortgage solution

* Purchase Price + Rehab / Construction Costs = X
We facilitate loan amounts up to 80% of X.

Various end mortgage solutions are available.

We can facilitate the following:

* Up to 10 Fannie Mae or Freddie Mac Mortgages per borrower

* Individual commercial loans for each residential rental property

* Commercial Blanket Loan over multiple residential rental homes

For more information please contact:

Tim Jochim

612-702-1111

google89c26316035a1f1c.html

REHAB Home Mortgage Loan

Minneapolis & St Paul, MN

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

In the Minneapolis and St Paul, MN Metro all Rehab Mortgage Loan questions are being answered by Tim Jochim. He is our experienced Rehab Construction Loan expert!

Tim Jochim 612-702-1111

Twin Cities Mn REO Mortgage Solutions

2009-02-25T17:57:00.000-08:00

Twin Cities Minnesota
Mortgage Solution
for
Rehab Finance Solution
and
REO Bank Owned Purchase Construction Financing

Many real estate agents in the Twin Cities MN area and investors buying corporate owned home in Minneapolis / St Paul that are in need of repairs have expressed concerns about the current "Credit Crunch" and not being able to secure the non-Fannie Mae financing to acquire these properties. My team listened to your concerns and worked with community banks to create two comprehensive mortgage solutions for those in need of commercial finance solutions for residential investment properties.

Solution One:

Purchase / Rehab / Rent (PRR) Mortgage solution

* Purchase Price + Rehab / Construction Costs = X
We facilitate loan amounts up to 100% of X with a saving account equal to or greater than 20% of X pledged to the lending bank instead of a 20% cash injection.

Solution Two:

Purchase / Rehab / Sell (PRS) Mortgage solution

* Purchase Price + Rehab / Construction Costs = X
We facilitate loan amounts up to 80% of X.

Various end mortgage solutions are available.

We can facilitate the following:
* Up to 10 Fannie Mae or Freddie Mac Mortgages per borrower
* Individual commercial loans for each residential rental property
* Commercial Blanket Loan over multiple residential rental homes

For more information please contact:

Dax Dickson
dax@yourtrustedfinance.com
612-578-9898

REHAB Home Mortgage Loan

Minneapolis & St Paul, MN

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Best Wife EVER!!! "Gwendolynn Dickson"

2009-02-21T17:21:00.000-08:00

Gwendolynn Dickson is by far the best wife ever!

Why you ask?

My name is Dax Dickson, Gwen's lucky husband. I have had one of the most difficult years ever in the profession of finance and mortgages. Gwendolynn has done nothing but support me during these tough times. When most wives would have checked out, and quite frankly I wanted to, she didn't. Gwen is a woman that everyone who meets her should realize they are better by knowing her. I hope that some day she realizes how important she is to me and how she has carried me through these tough financial times.

Next time you see Gwen let her know how AWESOME she is!!!!!!!!!!!

Dax Dickson

Real Estate Market... I want to HEAR! MN

2008-10-25T12:24:00.000-07:00

I wanted to take a few minutes and reach out to all of you. Lately, there has been a lot of talk about how tough business has been. It is kind of a downer to hear all that stuff!

My team is killing it! I have not been this busy in almost two years. My clients run about a 60/40. 60 % commercial and 40 % residential. I have never been this excited to be in the business than I am now.

(Just wanted to update things as of 7/17/2009. Commercial Mortgage Loans have gotten so busy I have stopped doing ANY residential. This is bad for all of you referrals, but I will get you to a great LO. It is great for all of my commercial mortgage loan clients because I am only focused on you now!!!)

If any of you out there are having some good or great success I WANT TO HEAR about it. The positive stories keep my attitude up a lot better than some of the stuff I have been hearing!

Thanks!

Dax Dickson

612-578-9898

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Rehab & Construction Mortgage Finance

2008-10-18T13:30:00.000-07:00

Our Team has been working with the banks in the Twin City, MN metro area to bring you some of the best rehab mortgage solution to date.

Here are the basic guidelines for our Commercial Mortgage Loan solution to Residential Rehab and Construction Mortgage Loan Financing:

• - Minimum 660 FICO score

•- If rental, Minimum 1.25 DSCR

•- If using DTI, Maximum 45%

•· Can blend both with global calculation

•- If DTI and DSCR do not work we can use marketing plan and pledge payment reserves to bank

•- 6 Months reserves

•- Purchase plus Construction = X

•· Loan amount = 80% of X

These loans are more common sense underwriting. It is important to get accurate rent rolls, PFS, operating statements and proof of ALL assets. Once we have that we need to sit down with the borrower and work out the solution.

These loans are available for everything from Spec Homes to put on the market in the spring to the Boarded and Abandoned bank owned properties!

If you haven't been able to find the loan you need you have talked to our team.

Contact Us TODAY!

St Louis Park, MN

Originating Mortgage Loans all over Minnesota and Wisconsin

Dax Dickson
612-578-9898

Twin Cities MN Metro

Minneapolis, MN & St Paul, MN

REHAB Home Mortgage Loan

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Residential Investment Mortgage ( MN )

2008-06-06T08:35:00.000-07:00

A lot of Loan Officers, Real Estate Agents and borrowers have been contacting me with the same problem.

As lending guidelines change for residential investors how do you get them financed?

It is simple!

If you, one of your buyers or borrowers has more than 5 mortgages on credit I have the solution.

Residentail Investor Blanket Loan

All that is needed:

- 660 FICO score or better

- 1.25% Debt Service Coverage Ratio (DSCR)

- 3 to 6 months reserves

- Max LTV of 80% or 1.25% DSCR * Which Ever is LESS

- Max Loan amount of $1,500,000

This is a commercial loan and does not report to credit. This means the buyer, borrower or you can then get more residential loans for additional investment properties through conventional financing.

If you have questions contact me today!

Dax Dickson
612-578-9898

Minneapolis / St Paul and Twin Cities MN Metro

Real Estate and Mortgage Finance ROCKS!

2008-04-01T20:17:00.000-07:00

Residential Mortgage Financing is changing everyday. Home prices have dropped and rates are at record lows. If ever there was a time to BUY, BUY, BUY it seems to be now. I have had to partner up with community banks to help facilitate my investors rapid acquisition of residential properties. National lenders just don't have the forward thinking to see what these investors are doing. 100% mortgage financing is still available in Minnesota if you know how to structure the mortgages before they go to the lender. It is amazing how many borrowers are coming to me after 1,2 and sometimes more loan officers have told borrowers who can easily qualify for 100% mortgage financing that it no longer exists.

My point to this rant is for agents that work, LO's that stay up-to-date and borrowers/buyers this is the best real estate and finance market I have seen in my nine years in this business.

DAX

Our team services the following stated:

Aitkin County Minnesota, Anoka County Minnesota, Becker County Minnesota, Beltrami County Minnesota, Benton County Minnesota, Big Stone County Minnesota, Blue Earth County Minnesota, Brown County Minnesota, Carlton County Minnesota, Carver County Minnesota, Cass County Minnesota, Chippewa County Minnesota, Chisago County Minnesota, Clay County Minnesota, Clearwater County Minnesota, Cook County Minnesota, Cottonwood County Minnesota, Crow Wing County Minnesota, Dakota County Minnesota, Dodge County Minnesota, Douglas County Minnesota, Faribault County Minnesota, Fillmore County Minnesota, Freeborn County Minnesota, Goodhue County Minnesota, Grant County Minnesota, Hennepin County Minnesota, Houston County Minnesota, Hubbard County Minnesota, Isanti County Minnesota, Itasca County Minnesota, Jackson County Minnesota, Kanabec County Minnesota, Kandiyohi County Minnesota, Kittson County Minnesota, Koochiching County Minnesota, Lac qui Parle County Minnesota, Lake County Minnesota, Lake of the Woods County Minnesota, Le Sueur County Minnesota, Lincoln County Minnesota
Lyon County Minnesota, Mahnomen County Minnesota, Marshall County Minnesota, Martin County Minnesota, McLeod County Minnesota, Meeker County Minnesota, Mille LacsRice County Minnesota, Morrison County Minnesota, Mower County Minnesota
Murray County Minnesota, Nicollet County Minnesota, Nobles County Minnesota, Norman County Minnesota, Olmsted County Minnesota, Otter Tail County Minnesota, Pennington County Minnesota, Pine County Minnesota, Pipestone County Minnesota, Polk County Minnesota, Pope County Minnesota, Ramsey County Minnesota, Red Lake County Minnesota, Redwood County Minnesota, Renville County Minnesota, Rock County Minnesota, Roseau County Minnesota, Scott County Minnesota, Sherburne County Minnesota, Sibley County Minnesota, St. Louis County Minnesota, Stearns County Minnesota, Steele County Minnesota, Stevens County Minnesota, Swift County Minnesota, Todd County Minnesota, Traverse County Minnesota, Wabasha County Minnesota, Wadena County Minnesota, Waseca County Minnesota, Washington County Minnesota, Watonwan County Minnesota, Wilkin County Minnesota, Winona County Minnesota, Wright County Minnesota, Yellow Medicine County Minnesota

Our team can assist with the following mortgage financing solutions:

FHA & VA Mortgages, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Also assisting Minnesotans Restore Credit to help qualify for better mortgage financing!

Dax Dickson
612-578-9898

Your Minesota Residential, Commercial & Hard Money Finance Specialists - Loan Programs

2008-03-30T21:39:00.000-07:00

Your Minesota Residential, Commercial & Hard Money Finance Specialists - Loan Programs

Everyone should know everything about Mortgage Financing in Minnesota!

Dax Dickson
612-578-9898

Your Minesota Residential, Commercial & Hard Money Finance Specialists - MORTGAGE WEBSITE

2008-03-30T21:38:00.000-07:00

Your Minesota Residential, Commercial & Hard Money Finance Specialists - MORTGAGE WEBSITE

What my finance team is all about!

Dax Dickson
612-578-9898

Foreclosure Information -- MN

2008-03-30T21:04:00.001-07:00

Life can throw all of us a curve from time to time. Since their home is usually a family's most important possession, basic advice for anyone with a home mortgage has been prepared by HUD/FHA for HUD foreclosure help, in a joint effort with the Department of Veterans Affairs (VA), the Department of Labor and the mortgage industry.
Getting Behind the Eight Ball?Many factors can make it hard for you to pay your bills. These factors could include:Loss of jobCuts in work hours or overtimeRetirementIllness, injury, or death of a family memberDivorce or separation
If your family has money troubles, now is the time to look closely at what you owe and what you earn, eliminating unnecessary spending and reaching out for foreclosure help if you still can't meet your financial obligations. Taking action now can help you protect your family from the loss of your home. This page was created to help you find foreclousre free advice, information, avoid foreclosure loan options and web links that will help you protect your home for the years ahead.
Steps to take when you can’t make your mortgage payments:
Contact Your Lender NOW!Prioritize your Debts Explore Loan Workout Solutions Options to keep your home Other options Beware of Predatory Lending Schemes
Contact Your Lender Now
Information For Families With FHA Loans
http://www.hud.gov/offices/hsg/sfh/owning.cfm#HUD-Foreclosure
This information is brought to you through the collaborative efforts of HUD/FHA HUD foreclosure for free, Department of Veterans Affairs, Department of Labor, Fannie Mae, Freddie Mac, members of the mortgage industry-at-large, and other industry participants.
Contact Your Lender As Soon As You Have A Problem
Many people often avoid calling their lenders when they have money troubles. Most of us are embarrassed to discuss money problems with others or believe that if lenders know we are in trouble they will rush to collection or foreclosure.
It is important to know that most lenders want to help borrowers keep their homes. Foreclosure is expensive for lenders, mortgage insurers and investors. HUD/FHA, as well as private mortgage insurance companies and investors like Freddie Mac and Fannie Mae, require lenders to work aggressively with borrowers who are facing money problems.
Lenders have workout options to help you keep your home. However, these options work best when your foreclosure loan is only due for one or two payments behind. The longer you are behind the fewer options are available.
You should contact your mortgage lender to discuss your circumstances as soon as you realize that you are unable to make your payments. While there is no guarantee that any particular relief will be given, most lenders are willing to explore every possible option.
Do not assume that your problems will quickly correct themselves. Don't lose valuable time by being overly optimistic.
Information To Have Ready When You Call:Your monthly mortgage billing statement Your payment coupon book Your loan account number A brief explanation of your circumstances
Recent income documents (such as Pay stubs; Benefit Statements from Social Security, Disability, Unemployment, Retirement, or Public Assistance. If you are Self-Employed, have your tax returns or a Year-to-date Profit and Loss Statement available for reference)
List of household expenses
Expect to have more than one phone conversation with your lender. Typically, your lender will mail you a "loan workout" package. This package contains information, forms and instructions. If you want to be considered for a program, you must complete the forms and return them to your lender quickly. The completed package will be reviewed before the lender talks about a solution with you.
Call Today! The sooner you call; the sooner help is available.
Do not ignore mail from your lender
If you do not contact your lender, your lender will try to contact you by mail and phone soon after you stop making payments. It is very important that you respond to the mail and the phone calls offering help. If your lender does not hear from you they will be required to start legal action that will substantially increase the cost of bringing your foreclosure loan current.
Prioritize your Debts
For the unemployed, getting by will require a new, tightened budget. Prioritize your bills and pay those most necessary for your family: food, utilities and shelter.
Failing to pay any of your debts can seriously affect your credit rating. However, if you stop making your mortgage payments you could lose your house. Whenever possible, any income available after paying for food and utilities should be used to pay your monthly mortgage payments. If your employment income has been stopped or reduced, first consider eliminating or reducing your other expenses (such as dining out, entertainment, cable, second automobile, or even telephone services). Take any responsible action that will save cash.
If that does not provide sufficient income, consider using other available financial resources including:
Selling assets Savings 401k Life insurance
In addition to speaking with your lender, you may want to contact a non-profit consumer credit counseling agency that specializes in providing help in restructuring credit payments. Credit counselors can often reduce your monthly bills by negotiating reduced payments or long-term payment plans with your creditors. The majority of counseling agencies are reputable and provide their services free of charge or for a small monthly administrative fee tied to a repayment plan. Beware of counseling agencies that offer counseling for a large upfront fee or donation.

For consumer debt advice contact the Sam Hennemann for Budget and Credit Repair Counseling:
http://www.debtadvice.org/#Foreclosure-Free
To find a HUD-approved housing counseling agency: http://www.hud.gov/offices/hsg/sfh/hcc/hcc_home.cfm
When you call a consumer credit counseling agency, you will be asked to provide current information on your income and expenses. Make sure you ask what the agency will charge before you sign any documents!
The Importance of good credit
Do not underestimate the importance of preserving your good credit. Maintaining good credit is important for job hunters. When you apply for a job, the employer probably will check your credit report to determine:
whether you have been sued
have filed for bankruptcy
or have trouble paying your bills
Your future ability to purchase certain items, rent or buy a home, and complete other transactions often requires a credit check. Consumer credit agencies and your lender can help you explore solutions to keep your credit from getting blemished.
Explore foreclousre loan workout solutions
First and foremost, if you can keep your mortgage current, do so. If, however, you find that you are unable to find the resources to do this, there may be a program available to fit your particular situation. Check with your lender to find out which of these options may be available.
Options to keep your home
If your situation appears to be temporary:
Reinstatement: Your lender is always willing to discuss accepting the total amount owed to them in a lump sum by a specific date. They most often will combine this option with a Forbearance.
Forbearance: Your lender may allow you to arrange for a reduction or suspension of payments for a short period of time after which another option must be agreed upon to bring your loan current. This option is most appropriate to combine with a Reinstatement when you know you will have a source of funds to bring the account current by a certain date. Such sources of funds might include receiving a hiring bonus, investment distribution or sale, or insurance settlement/reimbursement.
Repayment Plan: You may be able to work an agreement where you would resume making your regular monthly payments, in addition to a portion of the past due payments each month until you are caught up.
If it appears that your situation is long-term or will permanently affect your ability to bring your account current:
Mortgage Modification: If you can make your payments on your loan, but you do not have enough money to bring your account current or you cannot afford the total amount of your current payment, your lender may be able to change one or more terms of your original loan to make the payments more affordable. Your loan could be modified by one or more of the following ways:
Adding the missed payments to the existing loan balance
Changing the interest rate, including making an adjustable rate into a fixed rate.
Extending the mortgage loan term.
Claim Advance: If your mortgage is insured, you may qualify for an interest-free loan from your mortgage guarantor to bring your account current. The repayment of this loan may be deferrable for several years.
If keeping your home is not an option
Sale: If you can no longer afford your home your lender will usually agree to give you a specific amount of time to find a purchaser and pay off the total amount owed. You will be expected to obtain the services of a real estate professional who can aggressively and successfully market the property in the short timeframe allowed to find a qualified buyer.
Pre-Foreclosure Sale or Short Payoff: If the property's sales value is not sufficient to pay the loan in full, your lender may be able to accept less than the full amount owed as settlement for the account. This option can also include a period of time to allow your real estate agent to market the property and find a qualified purchaser. Monetary assistance may be available to satisfy additional lien holders and/or help toward paying a few moving costs.
Assumption: A qualified buyer may be allowed to assume your mortgage, even if your original loan documents state that it is non-assumable.
Deed-in-lieu: Your lender may agree to allow you to voluntarily "give back" your property as for settlement for the debt. Although this option sounds like the easiest way out for you, you must usually attempt to sell the home for its fair market value for at least 90 days before the lender will consider this option. In addition, the lender will require that their foreclosure loan is the only lien against the property. The lender will check for other liens such as recorded judgments of other creditors, second mortgages, and IRS or State Tax liens.
Other Options
Resources for finding a real estate agent and selling your home
http://www.hud.gov/selling/index.cfm#Foreclosure-Help
Richard@ClaudeWorrell.com
http://www.minnesotareo.com/
Disaster Relief Options
If your property has been damaged due to a Natural Disaster, if you have been called up for active military duty or you have been affected by a national tragedy, such as the terrorist acts of September 11, 2001, there may be additional assistance available.
For additional information you may wish to view these links:
Victims of a declared Natural Disaster area http://www.hud.gov/offices/hsg/sfh/owning.cfm
Called back to Active Military Duty: Questions & Answers for reservists, guardsmen and other military personnel regarding The Soldiers' and Sailor's Civil Relief Act of 1940
http://www.hud.gov/offices/hsg/sfh/faqs/qasscra1.cfm
HUD has a toll-free number for servicemen and women with questions concerning their mortgage. For more information, call 1-888-297-8685 between the hours of 7 a.m. and 7 p.m. Central Standard Time on weekdays.
Events of September 11, 2001- Disaster Recovery
http://www.hud.gov/offices/hsg/sfh/faqs/qaho01-21.cfm
http://www.hud.gov/offices/hsg/sfh/owning.cfm
Beware Of Predatory Lending Schemes
Most mortgage lenders are reputable and provide a valuable service by allowing families to own a home without saving the thousands or hundreds of thousands of dollars necessary to buy it outright. However, a few, unscrupulous lenders, especially those who make high risk second mortgages, engage in predatory lending practices that can increase the likelihood that a borrower will lose his or her home to foreclosure. These abusive practices include making a mortgage loan to an individual who does not have the income to repay it, charging excessive interest, points and fees or repeatedly refinancing a foreclosure loan without providing any real value to the borrower.
Borrowers facing unemployment and/or foreclosure are frequent targets of predatory lenders because they are desperate to find any "solution" to their default.
Homeowners frequently receive refinance offers in the mail telling them that they have been "pre-approved" for credit based on the equity in their home. When you are wondering how you are going to pay your mortgage and other bills, it may appear very attractive to borrow against your house. But consider this, if you cannot make your current payments, increasing your debt, even if you get a temporary inflow of cash, will make it harder to keep your home.
Remember these helpful hints:
Explore every reasonable alternative to avoid losing your home but beware of scams.
For example, watch out for:
Equity skimming: a buyer offers to repay the mortgage or sell the property if you sign over the deed and move out.Phony counseling agencies: offer counseling for a fee when it is often given at no charge.
Do not sign anything you do not understand. It is your right and duty to ask questions.
Information is your best defense against becoming a victim of predatory lending especially for a desperate homeowner!
For more information about Predatory Lending go to: http://www.hud.gov/offices/hsg/pred/predlend.cfm
http://www.freddiemac.com/homebuyers/bank/pred_lending.html

Dax

Dax Dickson
612-578-9898

Minnesota Realty and Finance solutions...

2008-03-30T20:41:00.000-07:00

Our team is here to help people seeking both commercial & residential mortgage financing through out the state of Minnesota. If it is creative commercial financing or little to no money down residential home mortgage we can help! So many things in both real estate and finance are changing in Minnesota and we are here to answer all of your finance questions.

CONTACT US is you have information on the current real estate and mortgage market you would like to share or need help securing mortgage financing.

Our team services the following stated:

Aitkin County Minnesota, Anoka County Minnesota, Becker County Minnesota, Beltrami County Minnesota, Benton County Minnesota, Big Stone County Minnesota, Blue Earth County Minnesota, Brown County Minnesota, Carlton County Minnesota, Carver County Minnesota, Cass County Minnesota, Chippewa County Minnesota, Chisago County Minnesota, Clay County Minnesota, Clearwater County Minnesota, Cook County Minnesota, Cottonwood County Minnesota, Crow Wing County Minnesota, Dakota County Minnesota, Dodge County Minnesota, Douglas County Minnesota, Faribault County Minnesota, Fillmore County Minnesota, Freeborn County Minnesota, Goodhue County Minnesota, Grant County Minnesota, Hennepin County Minnesota, Houston County Minnesota, Hubbard County Minnesota, Isanti County Minnesota, Itasca County Minnesota, Jackson County Minnesota, Kanabec County Minnesota, Kandiyohi County Minnesota, Kittson County Minnesota, Koochiching County Minnesota, Lac qui Parle County Minnesota, Lake County Minnesota, Lake of the Woods County Minnesota, Le Sueur County Minnesota, Lincoln County Minnesota
Lyon County Minnesota, Mahnomen County Minnesota, Marshall County Minnesota, Martin County Minnesota, McLeod County Minnesota, Meeker County Minnesota, Mille LacsRice County Minnesota, Morrison County Minnesota, Mower County Minnesota
Murray County Minnesota, Nicollet County Minnesota, Nobles County Minnesota, Norman County Minnesota, Olmsted County Minnesota, Otter Tail County Minnesota, Pennington County Minnesota, Pine County Minnesota, Pipestone County Minnesota, Polk County Minnesota, Pope County Minnesota, Ramsey County Minnesota, Red Lake County Minnesota, Redwood County Minnesota, Renville County Minnesota, Rock County Minnesota, Roseau County Minnesota, Scott County Minnesota, Sherburne County Minnesota, Sibley County Minnesota, St. Louis County Minnesota, Stearns County Minnesota, Steele County Minnesota, Stevens County Minnesota, Swift County Minnesota, Todd County Minnesota, Traverse County Minnesota, Wabasha County Minnesota, Wadena County Minnesota, Waseca County Minnesota, Washington County Minnesota, Watonwan County Minnesota, Wilkin County Minnesota, Winona County Minnesota, Wright County Minnesota, Yellow Medicine County Minnesota

Our team can assist with the following mortgage financing solutions:

FHA & VA Mortgages, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Also assisting Minnesotans Restore Credit to help qualify for better mortgage financing!

Dax Dickson
612-578-9898

Home and Garden Shows

2008-03-04T06:16:00.000-08:00

Minneapolis & St Paul Home and Garden Shows

This time of year it is nice to get out of the house and walk around. With the weather the way it is I appreciate having a place like a Home and Garden show to spend some time with my wife.

It has only been a few months since my wife and I got married and bought our first house together. What I am learning is we both have different priorities when it comes to projects and the Home and Garden shows really bring those differences to the forefront.

My wife, Gwen, really wants the kitchen redone and the yard landscaped. If the entire house were to fall down leaving the yard and kitchen in tact I think she would be fine with that. For Gwen those two things are pretty much it other than painting.

I am just the opposite. If I get my way I will rip off the roof, add a bonus room, gut the entire house and completely remodel everything as long as I can stay with in my budget of $60 a square foot. That would bring our total cost of buying the home and remodeling up to fair market value for homes in my neighborhood. If I can do it for less all the better!

Walking around the Home and Garden Shows I saw a lot of the same thing. However, I did like the opportunity to learn about new products for saving energy and creating better structural integrity for home. Years ago I did construction for a living and I tend to think I know a thing or two and seeing how much things have changed in 8 to 10 years was kind of fun and humbling at the same time.

I would like to say thanks for all of the people and companies that spent the time and the money to do both the Minneapolis and St Paul Home and Garden shows. It was a good time. Now, my wife and I will need to decide what we want to spend our money on and how much.

Dax

Dax Dickson
612-578-9898

Mortgage News!

2008-02-25T09:23:00.000-08:00

Today I thought I would take a minute to just reflect on all of the changes in the mortgage and real estate industry.

WOW! Rates are great. However, it seems harder and harder to get people qualified for conforming mortgages. Even borrowers with FICO scores in the high 700's are being looked at with a microscope. Now days I think anyone with a score under 680 FICO should invest in Credit Restoration.

For all the people that bought homes a year ago the current real estate market is sad. On the other hand we have tons of investors and first time home buyers taking advantage of the great mortgage rates and low housing prices.

Buyers, home owners, agents and LO's a like, I would enjoy hearing your thought on what is happening out there. Please take a minute to comment with your thought.

Thanks!

Dax

Dax Dickson
612-578-9898

What do you know?

2008-02-16T22:17:00.001-08:00

Things are changing in Minnesota.

There are now 11 counties that are considered declining markets and we can nolonger do 100% financing in these areas. It is tough.

I would like to hear about changes other people in the business are experiencing. As the market turns what changes are you seeing in the areas you work?

Let me know!

Dax Dickson
612-578-9898

Your Trusted Finance - Mortgage Company - Minneapolis, Minnesota

2008-02-06T21:59:00.000-08:00

Your Trusted Finance - Mortgage Company - Minneapolis, Minnesota

ActiveRain is the best mortgage and real estate websit I have found for networking. If you are a borrower trying to find some-one to work with or real estate and mortgage people looking to network, this is the place.

Dax Dickson
952-285-9992

Your Minesota Residential, Commercial & Hard Money Finance Specialists - About Us

2008-02-06T21:57:00.000-08:00

Your Minesota Residential, Commercial & Hard Money Finance Specialists - About Us: "Website"

I am so excited about the recent changes in the market. With Mortgage rates getting better and better, housing prices getting lower and lower, my job gets easier and easier.

If there is anything I can do for anyone out the let me know.

Dax Dickson
952-285-9992

State of the MARKET

2008-02-05T20:04:00.000-08:00

What do you think?

This is what I want to know.

Lately, the market has been picking up. I am not sure if there is less business or fewer LO's and Agents fighting for it. Some of my newer clients have said they worked with the same mortgage guy for years and now he/she is out of the business. If people are leaving the industry I wish them the best. It does not matter if you do residential mortgages, commercial finance, hard money finance, residential real estate or commercial there is always business for those willing to stick it out and work.

This is what I think.

So, what do you?

Mike

Best MORTGAGE rates since 1971!

2008-02-05T07:23:00.000-08:00

I was on the Fannie Mae website and historic 30 year mortgages rates have not been this low since 1971!

Home prices are down

Mortgage rates are at record lows

This is the time for so many first time buyers and experienced investors to clean up

I hear a lot of people complaining but I could not ask for a better market to work in

Hopefully there are more LO's and Agents out there doing great. I would love to hear from all of you!

DAX

Hard Money Minnesota & Wisconsin

2008-02-05T07:12:00.000-08:00

Hard Money

With home prices and interest rates down there are a lot of people looking for Hard Money. What I have seen the most of is residential rehab hard money requests. It seems with all the bank foreclosures many investors are buying up properties.

How Residential Hard Money Works:

Property and Rehab costs must remain under 60% of the "As Completed" Value. Many lenders and brokers are advertising LTV's up to 70%. Realistically money is borrowed at up to 65% LTV but this must include the fees. Fees on rehab hard money can be as high as 5% to 10%.

It does seem expensive but it is high risk money coming from high risk lenders. There are other ways to finance rehabs. However, hard money is easier to qualify for and the cost is just the cost of doing business.

Contact Us

Agents.. We want your business!

2008-01-22T06:30:00.000-08:00

My team gets deals done

We work hard to create more business and effective systems for our agents and brokers

If you have a website let us set up your application page. Your buyers will be well taken care of. Once they submit an online application my team will be immediately notified and the buyer will be directed back to your site.

My team is divided in two sub-teams. The commercial folks who have all been in the business getting deals done for a minimum of 7 years and the residential people. You don't get paid till the deal funds.

Stop by and let us know how we can earn the business of you and your buyers.

Dax Dickson

Hard Money / Private Money Loans

2008-01-22T06:25:00.000-08:00

People are often confused when they ask for hard money loans. If you have questions please post them and I will do my best to answer.

Hard Money

We Provide Hard Money Financing for Commercial, Non-owner Occupied Properties and some Residential Properties!

What is Hard Money:

A hard money loan is a specific type of financing in which a borrower receives funds based on the value of a specific parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and not yet qualifying for traditional financing. Whereas hard money often refers to not only an asset-based loan with a high interest rate, but can signify a distressed financial situation such as arrears on the existing mortgage or bankruptcy and foreclosure proceedings are occurring.

DAX DICKSON

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

Commercial Loan Process

2008-01-17T06:32:00.000-08:00

Commercial Loan Process

Step1 - Evaluate the project

Using its proprietary software tools and commercial lending experience, Your Trusted Finance provides you with a free "Preliminary Financing Analysis" (PFA) that helps you identify a viable loan amount and financing structure.

Working with numbers drawn from listings, seller's records, buyer's records, or other third party sources, the Your Trusted Finance team can provide you with alternative commercial financing strategies and explain their implications before you make your final decision on a project or other course of action.

Professional opinion letters either for the buyer or for the seller can be valuable tools for negotiating more favorable transactions because you have in hand a Your Trusted Finance's independent evaluation of your project financing.

Step 2 - Gather data, information, and documentation

Clearly documenting the underlying logic and value of a project - be it new construction, real estate acquisition, business expansion, or simple refinancing - is at the very heart of selecting the correct data and information to be presented to a lessor, investor, or lender for funding considerations.

Every commercial transaction is unique, and Your Trusted Finance Group provides you with a specific and detailed list of the documentation required to underwrite your particular funding situation.

Your Trusted Finance team can even provide you with many of the standard forms frequently used in commercial lending to summarize rent rolls, financial condition, and other data necessary for a professional presentation.

Step 3 - Assemble a commercial loan package

Funding sources focus on three main elements when considering commercial transactions: what is the property collateralizing the funding, what is the project cash flow that will repay the lease or loan, and who are the people involved in owning and operating the resulting venture.

Your Trusted Finance Group is both knowledgeable and experienced at selecting suitable and compelling documentation so that funding sources will view your project in its most favorable light.

Since every commercial transaction is unique, Your Trusted Finance team crafts a loan package that meets the specific needs of the borrower and the important concerns of the lender. The quantity, quality, and order of presentation in the commercial loan package is designed to assure everyone involved is fully informed and confident about the project.

Step 4 - Present and negotiate loan package for lender consideration

Along with Your Trusted Finance Group's "Loan Packager's Executive Summary" and professionally prepared "Loan Request and Terms Sheet," the Trusted Finance team personally presents the completed loan package to selected members of its proprietary roster of funding sources.

Unlike the more automated residential mortgage process, commercial funding depends heavily on establishing personal understanding, confidence, and trust in both the project and the borrower.

The Trusted Finance team presents transactions to funding sources already prepared to look at good projects, and it negotiates these transactions with a "win-win" philosophy that promotes the best possible rates and terms available under the circumstances at hand.

Step 5 - Review and evaluate commitment letters, counter-offers, and calls for further documentation

The natural result of the Your Trusted Finance Group process is a commitment letter from a funding source. An expert explanation and evaluation of that letter is important to understanding its implications for your project.

The Your Trusted Finance team will review special terminology or covenants, and it will provide you with a good faith estimate of the actual numbers associated with accepting a commitment letter or counter-offer.

Occasionally a lender will request further documentation or clarification of certain points relevant to the transaction. The Your Trusted Finance team can help you acquire, present, and explain any further data or information that may be required to complete a deal.

Step 6 - Close the loan

Finally, Your Trusted Finance Group can seamlessly schedule complex closings that may involve multiple funding sources or require serialized transactions.

Often borrowers will use personal equity sources for capital contributions, and the Your Trusted Finance team will carefully coordinate those fundings for both timing and amount so that your primary project funding happens without a hitch.

A Your Trusted Finance commercial team representative normally attends every commercial closing to assist in completing a smooth and worry-free result. Having Your Trusted Finance involved from beginning to end makes both economic and professional sense.

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

Contact US

10 + Month housing supply

2007-12-31T12:24:00.000-08:00

I was watching the news today. What was talked about was that nationally we have over a 10 month supply of homes on the market.

What will it take to sell these houses?

Lower prices! I am still doing purchase mortgages every month. However, what I have seen is my borrowers are getting houses 10%, 20%, 30% or more under market value. What that means to me is the market value is wrong. Value is created by supply and demand. With supply this high sellers need a reality check. Either take the house off the market and wait it out or be willing to take a loss.

People think I am crazy for wishing interest rates would shoot up to the double digits. My reasoning for this is simple. What is happening can not be fixed with a band aid. Keeping rates low is only proplonging the crash. Screw it! Let's hit bottom. The real estate and financing industries survived the crash in the 80's we can survive it again.

Some people will make money from the losses of others. It happens. It is the nature of this business.

Happy NEW YEAR!

Dax Dickson

HAPPY HOLIDAYS

2007-12-24T07:34:00.000-08:00

Happy Holidays!

My team, at Your Trusted Finance, would like to wish everyone out there a safe and happy holiday season.

As a gift to everyone all mortgage applications subitted before the New Year and funded with in 60 days will have absolutely no origination!

Visit us today!

Happy Holidays,

Your Trusted Finance Team

Mortgage Fraud

2007-12-12T07:31:00.000-08:00

Everyday I hear another story about some builder or real estate agent partnering up with a loan officer to try to dupe the lenders. Seriously, I hope they all go to jail and lose everything they have. It is hard enough to gain the trust of borrowers with out all of these idiots running around trying to make the fast and easy money.

For ten years I have been in finance. When I first started in the business loan officers and brokers where pretty respected individuals. So much has changed.

I would love to hear the opinions of others out there.

CRE COMPANIES, LLC

Great Minneapolis Real Estate Agent

2007-12-07T13:05:00.000-08:00

Today I was thinking about real estate agents. There are a lot of them... The good, the bad and the ugly!

There is one agent I have worked with for some time now, Matt Bartlett. What I have heard from the referrals I have sent him is all good. Matt stays on top of what the real estate buyer wants with out being pushy or the desperation many agents have in this market.

I would say that any potential real estate investor in the Minneapolis, MN area work with Richard Webb.

Contact Info:

Matt Bartlett
Commercial Real Estate Companies, LLC.
651-235-1469

CRE COMPANIES, LLC can help you with:

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Your Minesota Commercial & Hard Money Finance Specialists - MORTGAGE WEBSITE

2007-12-05T09:27:00.000-08:00

In Minnesota there is still plenty of banks and individual hard money lenders still writing loans. Things have reset to a banking climate that these lending institutions look closer at every deal. The times of reckless lending are a thing of the past.

If you are in need of assistance securing commercial or business financing look no further.

Dax Dickson

President

CRE Companies, LLC

612-578-9898

The world of mortgages

2007-11-30T06:11:00.000-08:00

I have been in this business for coming up on ten years. Working in finance has not been with out its ups and downs. When I first started Loan Officers and Mortgage Brokers were pretty respected. Now days we are looked at like used car sales men. I do not totally agree but I understand.

There have been countless people that have come in gone over the years. Most did not last because the had their interests in mind instead of the borrower's. For awhile it was so easy, to easy, to get anyone in a mortgage. There was about four years that a loan officer did not need to understand underwriting guidelines to get loans closed. It was all about the FICO score. If the score was there it did not matter if the borrower could afford the loan. That mind set was bad and I a glad to see things change.

As the respect level of people on the broker side of finance falls I see a great advantage for banks. People here so much in the news, some true and some just bad reporting. Since little of what is covered is about the banks many people feel more comfortable getting their mortgage with the bank. This is another topic I understand but do not agree with.

This is sort of a rant about the current mortgage situation. I guess I do not have a definite point. It would be nice to hear from bankers, brokers, loan officers and borrowers to hear what is happening with others out there and to hear where others see the evolution of residential and commercial finance going.

Best Wishes!
Dax Dickson

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

What we do!

2007-11-29T15:33:00.000-08:00

Our Finance Team

About Us:

Please find listed below areas where we may be of assistance to you:

A. Real Estate Services
1. New Construction Financing
2. Land Development Financing
3. Purchase Mortgage
4. Refinance Mortgage

B. SBA Consulting
C. Equity Finance
D. Consulting Services

We think of ourselves as "Deal Makers" and want to provide you with the best possible service.

We look forward to working with you to achieve spectacular results and create customers for life.

Best Wishes!

Your Finance and Mortgage Team

Contact Us

612-578-9898

Your Trusted Finance

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FHA 203K Mortgage is not always the best answer!

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Home and Garden Shows

Mortgage News!

What do you know?

Your Trusted Finance - Mortgage Company - Minneapolis, Minnesota

Your Minesota Residential, Commercial & Hard Money Finance Specialists - About Us

State of the MARKET

Best MORTGAGE rates since 1971!

Hard Money Minnesota & Wisconsin

Agents.. We want your business!

Hard Money / Private Money Loans

Commercial Loan Process

10 + Month housing supply

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HAPPY HOLIDAYS

Mortgage Fraud

Great Minneapolis Real Estate Agent

Your Minesota Commercial & Hard Money Finance Specialists - MORTGAGE WEBSITE

The world of mortgages

What we do!

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