slide deck for the april 7th Power is now call.

1. Commercial Real Estate Financing
Purchase Program
Business Real Estate Financing

2. Business Real Estate Financing Program
 A uniquely structured, commercial real estate loan program targeted to
small commercial real estate transactions
 Loan requests from $50,000 to $500,000
 LTVs up to 70% Investor, 75% Owner-Occupied
 Seller held 2nd up to 80% CLTV allowed
 Wide variety of eligible property types; including retail, office, warehouse,
mixed-use, special purpose, 5+ residential real estate
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3. Why our program is a first choice for your client!
 Commercial Letter of Interest
 Available prior to contract signing to speed up purchase offer acceptance
 Issued on eligible commercial properties only
 Many options to fill different customer needs
 Fixed and Variable Rate loan terms from 5 - 30 years
 Close title as Individuals, LLC, Corporation or Partnership
1 A non-refundable $1,000 deposit is due upon acceptance of terms on all loans and lines of credit. The deposit will be credited at closing. If the deposit exceeds
amounts due, the excess will be refunded. Early closure or pre-payment fees may apply. If the state or other taxing authority imposes a tax or fee on the filing of a
mortgage or a deed of trust or if the property requires environmental insurance, these fees, if applicable, will be the borrower’s responsibility.
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4. Why our program is a first choice for your client!
 Easy to apply
 No Application Fee
 Borrower receives multiple pricing options
 $1,000 deposit collected only after terms acceptance and is applied toward
Wells Fargo closing costs1
 Accepted loan terms guaranteed for 60 days
 Low cost to close
 We only charge a 1.00% Origination Fee to close ($2,500 minimum)1
 No Appraisal Fee saves the customer thousands of dollars!
 Borrower pays title and state related transfer/mortgage tax
 A well-prepared, qualified borrower can close in less than 60 days
1 A non-refundable $1,000 deposit is due upon acceptance of terms on all loans and lines of credit. The deposit will be credited at closing. If the deposit exceeds
amounts due, the excess will be refunded. Early closure or pre-payment fees may apply. If the state or other taxing authority imposes a tax or fee on the filing of a
mortgage or a deed of trust or if the property requires environmental insurance, these fees, if applicable, will be the borrower’s responsibility.
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5. This program is tailored for:
 Strong credit profile borrowers with no history of foreclosure or bankruptcy who have
managed their personal and business credit well through different economic cycles
 Small business owners who have owned and operated their business for at least two
years
 Investor properties that are at least 80% leased and generating positive cash flow at
time of application
 First time investors with exceptional credit, stable property cash flow and secondary
sources of income are acceptable
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6. This program is NOT for:
 Marginal credit profile borrowers with any history of foreclosure or bankruptcy
 Start-up or newly acquired businesses
 Investor properties that are more than 20% vacant at time of application
 Rehab properties or properties with a lot of deferred maintenance repairs needed
 Properties needing a zoning variance
 Properties that have potential environmental contamination
 Residential 1-4 properties
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7. What your client needs to be prepared to apply:
 Signed Agreement of Sale
 Signed purchase contract required before property appraisal can be ordered
 If Investor Property:
 Completed rent roll, if more than one unit
 Property income & expense statement
 Signed leases for all existing tenants
 Most recent two years federal tax returns - personal and business (if owner
occupied) for all borrowers
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8. Contact your local Wells Fargo Home Mortgage Consultant
today to get started with your next prospective buyer!
Eric Lawrence Frazier, MBA
Branch Manager & Host of the PIN
Phone: (800) 261-1634 x703
www.thedoitnowteam.com
www.thepowerisnow.com
www.wellsfargo.com/mortgage
© 2011 Wells Fargo Bank, N.A. Member FDIC. BREF V3.2011
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