All Lending Source
Your source for Commercial Real Estate and Business Financing Worldwide.
The Process
1. Submit a Funding Request with required forms (Equity or Debt) *Please email for other submission forms*
2. Initial Underwriting Analysis ( 1-2 days)
3. Rendered Decision on available Funding Programs and Term Options
4. Acceptance and Issuance of LOI
5. Underwriting and 3rd Party Expenses
6. In Depth Due Diligence
7. Final Review and Loan Commitment
8. Closing
Disclaimer: All Lending Source is NOT a United States Securities Dealer or Broker or U.S. Investment Adviser according to the SEC. All Lending Source is a Private Capital Firm and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. All loans are subject to credit, verifications, and underwriting approvals. We don't sell or distribute your information to any entity or individual that is not part of the individual funding process. Click Here for our Privacy Policy.
1. What are the upfront fees? There is no cost for our company to review and determine funding eligibility. If a request is determined to be feasible, All Lending Source does charge for processing, underwriting, legal, and valuations. These expenses are common in the private lending industry. Any unused portions of the paid expenses will be credited back to the client at closing. These expenses cannot be paid at closing or put into escrow as these are expenses for services rendered to be able to complete the necessary analysis required.
2. What is the Maximum Loan to Value offered? The maximum Loan to Value we offer is 85%. We may be able to offer a combined Loan to Value of up to 90%. Please note that each request will be determined individually and on its own merit.
3. Is there a guarantee funding? When underwriting reviews the documents, they will determine the outcome. Once the "Commitment Letter" is issued, that is the only time a guarantee is provided; never before. Please understand, it's not just submitting an application and conditions that guarantee funding. There are other elements to determine. If underwriting determines that a file could be a potential Foreclosure or has high risk factors, a "Denial Letter" will be sent out with full details of why the file was denied.
4. How long does funding take? For Residential loans, it can take as quickly as 2 Weeks, average times are around 30 Days and worse case scenario, it could take up to 3 Months. For Commercial loans, it can take as quickly as 30 Days, average times are about 60 Days and worse case scenario, it could take up to 1 year.
5. How may points are charged? We normally charge 1.0% to 3.0% but it really depends on the loan amount and how much work needs to be done on the file. If the loan amount is extremely high, we lower our points down.
6. Why are there negative broker or client complaints about the company? Someone is going to find something wrong with how we do business or have a lack of understanding of the industry market and unforeseen changes, that's part of life. For those who have spoken bad about us, it's because we probably did not close their deal. It could be that one submitted a "High Risk" file and we did what we had to do to eliminate the risk factor(s). Also, it could be that there was a lack of patience involving the market and various delays due to changing of programs, investor portfolios, and other factors outside of our control. We are still in business and we have to do what we feel is best for the corporation to stay in business. We inform everyone up front what we do and how we do it and if anyone does not agree to our procedures, they have every right to seek funding elsewhere as we do not have exclusive agreements or require those to stop looking for other funding options.
7. Why are no references provided? Just like any other private capital firms, there are disclosures that are signed and we are not going to risk legal ramifications just to ease a client or broker's skepticism. Every settlement we have, our clients signs the "Privacy Disclosure" among other legally binding disclosures. Years ago, we provided references, however, potential clients and brokers was calling our closed clients every day of the week. We received many complaints from our clients so we had to discontinue the release of client information to those that were not directly involved with the funding transaction.
2. What is the Maximum Loan to Value offered? The maximum Loan to Value we offer is 85%. We may be able to offer a combined Loan to Value of up to 90%. Please note that each request will be determined individually and on its own merit.
3. Is there a guarantee funding? When underwriting reviews the documents, they will determine the outcome. Once the "Commitment Letter" is issued, that is the only time a guarantee is provided; never before. Please understand, it's not just submitting an application and conditions that guarantee funding. There are other elements to determine. If underwriting determines that a file could be a potential Foreclosure or has high risk factors, a "Denial Letter" will be sent out with full details of why the file was denied.
4. How long does funding take? For Residential loans, it can take as quickly as 2 Weeks, average times are around 30 Days and worse case scenario, it could take up to 3 Months. For Commercial loans, it can take as quickly as 30 Days, average times are about 60 Days and worse case scenario, it could take up to 1 year.
5. How may points are charged? We normally charge 1.0% to 3.0% but it really depends on the loan amount and how much work needs to be done on the file. If the loan amount is extremely high, we lower our points down.
6. Why are there negative broker or client complaints about the company? Someone is going to find something wrong with how we do business or have a lack of understanding of the industry market and unforeseen changes, that's part of life. For those who have spoken bad about us, it's because we probably did not close their deal. It could be that one submitted a "High Risk" file and we did what we had to do to eliminate the risk factor(s). Also, it could be that there was a lack of patience involving the market and various delays due to changing of programs, investor portfolios, and other factors outside of our control. We are still in business and we have to do what we feel is best for the corporation to stay in business. We inform everyone up front what we do and how we do it and if anyone does not agree to our procedures, they have every right to seek funding elsewhere as we do not have exclusive agreements or require those to stop looking for other funding options.
7. Why are no references provided? Just like any other private capital firms, there are disclosures that are signed and we are not going to risk legal ramifications just to ease a client or broker's skepticism. Every settlement we have, our clients signs the "Privacy Disclosure" among other legally binding disclosures. Years ago, we provided references, however, potential clients and brokers was calling our closed clients every day of the week. We received many complaints from our clients so we had to discontinue the release of client information to those that were not directly involved with the funding transaction.