LGIS GroupLGIS Group
Insurance
LGIS Group's Commercial Property Loan Insurance (CPLI) is a patented risk-transfer solution designed to insure the senior loss position of qualified commercial real estate loans, reducing foreclosure-loss exposure and limiting reliance on burdensome personal guarantees.
CPLI covers the top 10% to 40% of qualified loan exposure, reducing foreclosure-loss risk and lessening reliance on burdensome, uncertain personal guarantees.
The result is stronger credit, better borrower and capital relationships, increased deal flow, and a patented structural innovation that creates meaningful competitive advantage in commercial real estate finance.
Reviewing loan request information and documents to determine eligibility.
A formal application is required, along with lender package and $8,500 fee.
Comprehensive underwriting is performed by LGIS, mirroring the lender's procedure.
Insurance Binder issued at closing. Premium collected at loan closing.
From regulators to banking consultants to CEOs, the commercial lending community recognises CPLI as a long-overdue innovation in CRE finance.
For years, the commercial real estate market has been hindered by the shortcomings of traditional, outdated loan methods. There has long been a need for a mechanism that could at once open it up, benefiting both lenders and borrowers all while minimizing risk, and LGIS Group's CPLI is the answer.
CPLI is a truly unique and innovative approach for the industry, providing direct, cost-effective capital relief that reduces risk and provides an injection of fresh capital into banks' balance sheets.
Large Equity plus Institutional Grade Guarantee is what every Lender wants and LGIS provides.
…the FDIC (and followed by OCC) looks positively for anything to help mitigate risk.
I believe that this product is long overdue, would be in strong demand, and answer many of the problems facing commercial banks…