CF OPTIONS INC.
Is my inquiry confidential and secure from other institutions, financial or otherwise? CFO's policy is to maintain the utmost security. Any information/documentation provided to CFO is not shared or released without prior written consent from any prospective or current client. We are not in the shared information business. Our integrity and technology allow us to give you this guarantee.
How much equity can I borrow from my commercial property vs. my residential property? Typically, residential equity loans can go up to 100% equity or higher. They very well can go higher depending upon your credit rating. Commercial property is far less liquid and therefore, these loans range from 60% - 90% equity. CFO can quickly, and at no cost, identify your options, rates and terms nationwide.
Do I need good credit? Real estate loans, both commercial and residential, are secured by real property. Therefore, credit ratings play much less of a role than in any other type of financing. Credit ratings are in second place with this type of financing. Equity and marketability of the property are first.
What are the rates and fees? CFO only profits upon a loan being closed, either residential or commercial. In some instances on commercial property, due to liquidity, an appraisal may be required. Municipal tax value assessments on your property may also meet this requirement. Rates vary with the financial markets. We maintain a national network of lenders that compete for our business. Therefore, rates and terms will meet or beat your local lenders.
What is the qualifying or application process for a property loan? Upon completion of our confidential inquiry form, we will assign a mortgage professional to immediately assess your situation. Without any cost to you, our committed staff will respond to any questions or concerns you may have about these types of loans. Applications are free. Upon CFO receiving specifics of your property, we will provide you with a series of lenders and their terms and conditions.