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Updated 1 day ago,
Commercial Deals as an LO
Hi BP, loan officer (broker) here. I recently came across an opportunity to help a builder with their financing. They have a $5mil builder loan for a 20 unit townhome community they are looking to refinance. I’m looking for one big commercial loan that encompasses all the units. Has anyone successfully originated or got paid on something like this? I have a few commercial bank contacts, but concerned they may just cut me out of the deal. Willing to exhaust all options as this is a big fish.