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January 11, 2018in Business, Chris, Lending, Magilla, Real EstateBy mattm

4th Quarter Results and The Year Ahead

Another big year. Chris Meyer, CEO of MagillaLoans, America’s anonymous search engine for loans says there was a steady increase in residential and commercial loan activity in the fourth quarter. The only reticence we saw was once the tax bill passed, we found commercial real estate stalling slightly as people, presumably, waited to close in…

Business loans, its advantages and disadvantages

September 12, 2017in Chris, StartupBy chris

The Advantages and Disadvantages of Business Loans for Startups

Let me be real up front with you…. A true business loan from a traditional bank for your startup will NEVER, please let me repeat even louder, NEVER happen. NEVER! So put your delusional mind aside. Banks are not in the business of betting on long shots… of any kind. Even if you think you...

Biggest trends of the year in the home mortgage loan sphere

July 28, 2017in Chris, Real EstateBy dean

The Biggest Trends in Home Mortgage Loans We’ve Seen This Year

Magilla Loans is at the epicenter of loans in America. As America’s anonymous loan search engine, we are able to see exactly what loans are closing each day. Here is what CEO Chris Meyer is seeing: Low inventory Rates climbing HELOC rush Low inventory Typical of hot real estate markets, there’s a cycle. Home prices rise,...