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We're new on this forum but thought a discussion re; Alternative Lenders would be healthy for all given the current lending climate.

1) CRE Valuations at or above pre-recession numbers
2) New Dodd / Frank Rules (retention) affecting underwriting
3) Banks tightening regs waiting for current construction projects to complete and stabilize

Reuters had a very good article on this issue.
http://www.reuters.com/article/us-al...-idUSKCN0ZA2TM

Bottom line seems to be that more alternative lenders are getting into the market as the wall of maturities approach.

Something for borrowers to consider if turned down elsewhere.

Just Food For Thought...

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