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John Popp Charlotte Home Loan and FHA Source

Have you looked at the Rates lately? Well they are LOW - Call Today to Refinance your Home Mortgage

1st Metropolitan Mortgage is a National Mortgage Broker. 1st Metropolitan Mortgage can originate Conventional , FHA, VA and USDA Mortgage Loans.

We strive for the best customer service that can be given. Our process is automated and secure.

If you are looking to refinance your current mortgage or purchase a new one please do not hesitate to call us, we offer a free consultation to all of our clients to show you what we can do for you.

Call our corporate office today to check the current rates that we can offer you.

John Popp

1st Metropolitan Mortgage

Phone/Fax: 980-233-4904

john.popp@yahoo.com

www.1stmetromortgagejp.com

"Registered Mortgage Broker - NYS Banking Department. All Loans

Arranged With Third-Party Lenders. 4720 Piedmont Row Drive, Suite 200,

Charlotte, NC 28210."

National Mortgage Broker - Free Consultation - No Obligation...

If you have a question about your current mortgage or want to see what programs may be available to you, feel free to call me.

Rates are very low right know - see date of post.

Call Today or visit my website and apply online.

John Popp

Sr Loan Officer

1st Metrolopitan Mortgage

www.firstmetromortgagejp.com

Office: 980-233-4904

Cell: 704-796-5440

jpopp@corporate-office.com

NMLS: 68320

Local North Carolina Mortgage Broker

It may be a good time to refinance your current mortgage. Rates are low and ouf fees are minimal.

Free Prequalification/Consultation

Call Today or visit my website and apply online.

John Popp

Sr Loan Officer

1st Metrolopitan Mortgage

www.firstmetromortgagejp.com

Office: 980-233-4904

Cell: 704-796-5440

jpopp@corporate-office.com

NMLS: 68320

Types of Commercial Financing and Joint Venture Financing Available

Distressed Hospitality

  • Flagged and non-flagged hospitality acquisition. joint venture, construction completion and repositioning
  • Distressed debt renegotiation and restructuring
  • Target deal size $5 million to $200 million
  • Target markets include the U.S., Caribbean, Mexico, Latin America and Central America

Joint Venture Development to 100% LTV

We have investor capital avaiable for Retail, Office and all other property types in major metro areas with a minimum transaction size of $5 million at 100% LTV structured as follows:

  • Development management agreement with development fee and back end income
  • 40-45% equity priced at 10-12% preferred return. (non-recourse)
  • Strong developement track record
  • Build to suits only with no spec
  • Construction, Refinance, Purchase

Hard Money Bridge Loans

  • Bridge rates starting at 9.9%
  • Terms from 1-3 years
  • Closing in as little as 7 days
  • Loan sizes from $1 million to $100 million
  • LTV's to 75% (higher LTV's available with Joint Venture Capital)

Flagged Hotel Loans

  • Budget flagged hotel financing available with rates starting at 6%
  • Stabilized or unstabilized
  • Closing in 30-45 days
  • Loan sizes from 1 million to 10 million
  • LTV's to 80% with Joint Venture financing available to 100% LTV to $200 million

Energy, Oil & Gas, Biofuel and Mining Loans

  • Biofuel consulting, financing and private equity
  • Joint Venture capital available for new or existing projects
  • Closing in 30-45 days
  • Loan sizes from $1 million to $20 million
  • Requir 10% Client Asstes for 12 months reserve account

Feel free to call me or email me for information

John Popp

704-490-4733

john.popp@yahoo.com

Commercial Financing with JV Partnership

5MM to 100MM Partnerships

We have an appetite for income producing properties.

100% Funding for the project.

All projects considered over 4.5 MM and quoted within 48 hours.

How It Works?

Sample: You have a contract on a 50MM dollar income producing property, developed, or needs to be developed. You have a resume and a successful track record in this field, and you can prove that you have 10% liquid, we want to be your partner!

With our JV program, you pay no interest payments, ever! You waive these payments by taking on one partner at 40% giving you the majority share at 60%.
You pay nothing until the project starts making money.

Step 1:
Submit your project with proof of 10% funds, we will review and get back to you 24-48 hours.
Step 2:
We arrange a conference call between the JV facilitator and principals.
Step 3:
An agreement outlining the terms discussed on conference call are sent to you, if all clear, you sign and send back to us. In this agreement, we guarantee funds (commitment)
Step 4:
You set up a blocked account with either BOFA or CITI for 10% of the requested amount to be funded, funds get verified. Full commitment is issued, Partnership contract needs to be done by legal. This is all done within the first 10 days.
Step 5:
Facilitator collects $7500.00 fee, and JV attorneys a $13,000.00 for all legal work. Fees depend on type of project
Important:
No fee's are collected until a firm commitment is in place.
References will be provided, references include, project, state, loan amount, contact information, etc..... NO BULL HERE! As you can see, everything is disclosed, no hidden surprises.
Partnership:
In most cases, you will find that when a hotel is being developed, there are several partner/investors in place, all taking a piece of the pie, the principal who put everything together is only getting a small piece. Using our scenario, the principal gets 60%, we get 40%, we put up 100% of the money, they make no monthly payments, and do not start paying 40% until the project starts profiting.

Benefits:
Principals make more money, making no interest payments.
Projects close in less than 30 days.
Remember, there is no loan, this is your partner, you are closing on the partnership agreement with a group that has all the capital you need, is this starting to make sense?

Contact:
John Popp
john.popp@yahoo.com
704-490-4733