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Are lenders lending??? Follow along one man's quest...

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Forums » Consumers - Questions, Answers, Help » Mortgage Questions » Are lenders lending??? Follow along one man's quest...
 

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Latest post Sat, Oct 3 2009 9:39 PM by akaagassi. 0 replies. Viewed 173 times.
Page 1 of 1 (1 items)

  • Sat, Oct 3 2009 9:39 PM                

    |Contact

    Very interesting...Small Business owner seeking a loan and will post the results on his blog...

    check it out:

    http://silveradosys.blogspot.com/

    ...

    With that in mind, I need a loan. But are banks lending?


    My position is that they are not lending. But rather than hem-and-haw about the situation, I intend to determine for myself if banks aren't lending to small business.
    The following banks will get a loan application from Silverado Systems, Inc. in the next two weeks:

    Sierra Vista Bank
    Folsom Lake Bank
    First Northern Bank
    IronStone Bank
    Bank of America ($25,000,000,000 in TARP funding)
    Wells Fargo Bank ($25,000,000,000 in TARP funding)
    Five Star Bank
    Umpqua Bank ($214,181,000 in TARP funding)
    River City Bank
    California Bank & Trust
    California Federal Bank
    Imperial Bank
    Sacramento Commerce Bank
    Sonoma National Bank
    Western Sierra Bank
    Mechanics Bank
    Comerica Bank ($2,250,000,000 in TARP funding)
    Tri Counties Bank
    Stockmans Bank
    American River Bank
    Bridge Bank
    First US Community Credit Union

    We will report the results from every single bank right here on this blog. Either "yay" or "nay."
    PREMIUM MEMBER
     Brian A. Kroskey
    Senior Mortgage Loan Officer
    Ecommerce Mortgage Division - Lending in All 50 States
    (888) 293.0264 (Option 1 Twice) ext. 44092
    Brian.A.Kroskey@BankofAmerica.com
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