City Bank Commercial Lending

4 recommendations and reviews from 2 people

Recommendations from Waylon T.

• Referral from November 17, 2017
  

  Chad W. asked:

  Anyone have recomendation for a small community bank in DFW that works with investors (lines of credit, portfolio loans...etc) Currently own 30 doors, but maxed out with Fannie Mae, so need other financing sources....Currently with Bank of Amerca, looking to build relationship with a small local bank.

  

  Waylon T. replied:

  Hey Chad Walsworth I'd love the opportunity to work with you. I handle commercial lending for a small bank based out of Lubbock. Wthemer@citybanktexas.com 469-474-9089 Www.citybankonline.com

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• Referral from October 26, 2017
  

  Brandon W. asked:

  I've had enough with Bank of America. Who do you use for business banking and why would you recommend them?

  

  Waylon T. replied:

  I'm a tad biased but City Bank is good spot. I've worked for them for 10 years but have been a client for 17 years. Www.citybankonline.com Wthemer@citybanktexas.com 469-474-9089 Always good to have someone you know inside the bank to call on his or her cell phone if there is ever any issue.

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Recommendations from William D.

• Referral from March 12, 2016
  

  Ed A. asked:

  Hello guys I need good referrals for commercial financing for a small portfolio here in houston asap .phone numbers will be helpful too..thanks

  

  William D. replied:

  Bill Dampier City Bank Texas (713) 988-8305

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• Referral from January 6, 2016
  

  Ehab S. asked:

  I bought a number of SFHs in 2015--each around $55k--and have a number of capital improvements to them. I used a local bank to purchase them at 20% down, 5% interest and 15 yr ammortization. I would average them to be worth around $70k to $75k and I think it would be worth it to bundle them and do a cash out refi to recover my downpayment. Does anyone have a recommendation for a lender that can do this? Any thoughts on whether this is the right strategy?

  

  William D. replied:

  City Bank - Bill Dampier (713) 988-8305 Typical terms - 5 year Fixed Rate - 20 year Amortization - 25% Down - 1% Origination Fee (minimum of $1,000) - $150 Appraisal Fee (for loans less than $250,000) - $150 Loan Document Fee (for loans less than $250,000) - Rates as low as 5% - References are available upon request Legal Disclaimer: These terms are typical, not guaranteed.

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