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RCRE – Understanding Loan Pricing with James Shukis

 

Will Coleman and Mike Taravella interview James Shukis of City Bank.

Key Information:

  • Lending on single-family homes has accelerated during the last quarter.
  • New trends in housing show college graduates gravitating towards class A condos and townhomes in metropolitan areas.
  • Why now is a good time to accelerate your debt with lower interest rates.
  • How banks processed PPP loans for small businesses affected by COVID-19
  • How banks establish their own prime rates as well as use national indices like the Wallstreet Journal Prime Rate.
  • Banks quote deals based on risk and market location.
  • Hedge your pricing by developing strong bank relationships.

Expert Pro Tip: “Measure twice and cut once!”

Contact Information:

Jshukis@city.bank

(214) 636-7703

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https://invest.randpartnersllc.com/invexp/accounts/login/

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