JAMES ROBERT DEAL
COMMERCIAL MORTGAGE BROKER
Not only am I a real estate managing broker (DOL # 27330) and a real estate attorney (WSBA # 8013), I am also a commercial mortgage broker (NWMLS # 64871).
I do not place residential mortgages. I only place commercial mortgages.
A residential mortgage is one against one to four family housing. Anything else is a commercial mortgage.
Residential mortgages are standardized and highly restricted by federal procedural regulations. Commercial mortgages are much less standardized, less restricted by federal regulations, and more individualized. They are made on a “make sense” basis.
I advise commercial lenders. I review commercial notes and mortgages for their security. Generally one wants to be secured by a first position mortgages, however, there are times when one might take second position, particularly if the lender is also a part owner of the borrowing entity. Commericial notes can be secured by assignment of leases against the property. They can be secured by assignment to the lender of corporate shares or LLC membership shares.
A group of lenders may put together a fund to be lent out to qualified buyers. I help evaluate buyer qualifications.
I help commercial lenders find commercial borrowers.
I also advise commercial borrowers. I help them find commercial lenders. I help them design and present their project so that it appears secure to lenders and is secure.
Feel free to call if you are lending commercial money or borrowing commercial money. There is no charge for telephone or email inquiries.
Sincerely,
James Robert Deal
Real Estate Attorney
Real Estate Managing Broker
Reverse Mortgage Attorney
JamesDeal@JamesDeal.com
PO Box 2276 Lynnwood WA 98036
Telephone: 425-774-6611 extension 1
Text: 425-670-1405
Fax: 425-776-8081
Matthew Parker: 425-774-6611 extension 2
Emelyn, Secretary: 425-774-6611 extension 3
eXp Realty
Deal's Broker License #: 27330
Deal's WSBA License # 8103
eXp Realty Main Office: 2815 Elliott Avenue, Suite 100
Seattle WA 98121
eXp Realty Main Office DOL License #: 9393
eXp Main Office Phone: 888-317-5197
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Click here for links to articles about mortgage modification.
Click here to read about my back ground as an attorney. (link toabout me under jamesrobertdeal.com/aboutme
Click here to read about my background as a mortgage broker. (link to about me under dealmortgage.net/aboutme)
Click here to read about my pro bono work as an environmental attorney working against water fluoridation. (link to fluoride)
More about mortgage modification:
Who qualifies for mortgage modification? (link to More Information About Mortgage Modification)
Factors Which Affect the Mortgage Modification Outcome
What We Shoot For in Mortgage Modification
Some Examples of Modifiable Loans
Can You Handle Your Own Mortgage Modification?
Attorney-Based Mortgage Modification vs. Non-Attorney-Based Modification
When Should You File For Bankruptcy?
Modification of Credit Card Debt
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