| NYC Underwriters LLC (N.Y.C.U.) adheres to a | | | | seem almost endless such as Conventional |
| philosophy that was developed with over 30 years | | | | Mortgages, Hard Money Construction Loans, Bridge |
| of financial experience, which allows N.Y.C.U to | | | | Loans, Mezzanine Loans, Equity or JV Loans, Secured |
| properly underwrite commercial loan files as a hired | | | | and Unsecured Loans, Land Loans, Commercial Equity |
| independent contractor for some of the largest and | | | | Lines of Credit, Asset Based Loans, Art & Gem |
| most astute private investors and fund managers the | | | | Loans and everything in between. |
| industry has to offer. Our Investor Associates, such | | | | N.Y.C.U. specializes in underwriting hard to place loans, |
| as Greenspan Holdings ( AMG Funding, Edge Funds | | | | such as Construction Loans, Land Loans, Credit |
| LLC, Franklin First Financial ( and Black Acre Capital | | | | Challenged Borrowers, Stated, No Doc, High |
| Management are a few of the private sources that | | | | LTV’s, etc…. |
| N.Y.C.U. utilizes with combined lending portfolios that | | | | You will find it virtually impossible for any other |
| go well into the billions of dollars. | | | | source to come close to the diverse programs |
| N.Y.C.U. also maintains a very select and honest | | | | N.Y.C.U. has access to. |
| broker client base, who along with our Investor | | | | Peace of mind; prior to N.Y.C.U. issuing any |
| associates believe in N.Y.C.U.’s philosophy and | | | | documentation, the client it must first be been |
| stringent underwriting techniques. Their trust in | | | | viewed and approved by an N.Y.C.U. attorney. |
| N.Y.C.U.’s ability to handle the most crucial part of | | | | THE DISCOVERY: Through out our vast experience |
| the process, relieves them of the tedious pressures | | | | in the commercial mortgage industry came an idea |
| of underwriting and insures them the best possible | | | | that was born from frustration, 1st - although claims |
| results. | | | | of being an underwriter or having underwriting |
| N.Y.C.U’s philosophy was derived from the | | | | experience a “Loan Originator” at best, acts |
| theory behind the much needed professional | | | | as a middle man between him or herself, the client, |
| commitment to the underwriting process. In addition | | | | the true underwriter and the lender. 2nd - loan |
| to the above mentioned investor associates and | | | | originators and underwriters are cut from a totally |
| broker client base that we maintain, N.Y.C.U. also | | | | different cloth, the originator is a commissioned sales |
| provides commercial underwriting solutions on a daily | | | | person and although some are very knowledgeable |
| basis to many borrowers; exclusively through I-Bank | | | | they simply do not possess the time, skills, |
| ( | | | | determination or passion to truly understand and |
| N.Y.C.U. utilizes only the latest most cutting edge | | | | dedicate themselves to successfully underwrite |
| underwriting software tools and technology provided | | | | YOUR LOAN file properly. This is the main reason for |
| by Creden Trust ( | | | | most commercial loans not closing, after all |
| N.Y.C.U. through our direct affiliate LT Business | | | | underwriting is a full time salaried position. NYC |
| Consultants, now offers a merchant cash advance | | | | Underwriters specialize in Land Loans, Joint Ventures, |
| program through Merchant Processing Services ( The | | | | Secured Loans, Assest Based, Equity Partners, |
| commercial programs that N.Y.C.U. have access to | | | | CELOCs, Lease Buy Backs, and Senior Development. |