About Bloomfield Commerce
Our Story
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Our Story
Bloomfield Commerce & Company International, Inc. is a privately held investment real estate firm founded by entrepreneur Al Bloomfield and based in Gainesville, Florida, USA.
Our Team
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Our Story
PRESIDENT – Al Bloomfield
VICE PRESIDENT – Dave Morris
TREASURER – Shanese V. Graham
SECRETARY – Merlene C. Tedford
BOARD OF DIRECTORS
Al Bloomfield
Marlene C. Tedford
Dr. Angela Christie
Shanese V. Graham
Dave Morris
Our Products
Our Products
Our Products
V.A. HOME LOAN MORTGAGE
The veterans basic entitlement is $36,000 which represents 25% of the $144,000 with a bonus entitlement of I can’t be right 25% Of the $144,000 worth of bonus entitlement of $120,250. The veteran is eligible to receive the basic entitlement of $36,000 plus a bonus entitlement of $120,250 equal to a total entitlemen
V.A. HOME LOAN MORTGAGE
The veterans basic entitlement is $36,000 which represents 25% of the $144,000 with a bonus entitlement of I can’t be right 25% Of the $144,000 worth of bonus entitlement of $120,250. The veteran is eligible to receive the basic entitlement of $36,000 plus a bonus entitlement of $120,250 equal to a total entitlement of $156,250. The total entitlement of $156,250 is 25% of the $625,000 – the maximum loan amount the veteran can be approved for. That being said, the veteran may receive a 1 time exception above the $625,000 maximum loan amount where the VA will add an additional higher loan guarantee. And if the veteran has a VA service-connected disability, he or she will not have to pay funding fee- The cost imposed by the VA on the mortgage to cover the risk associated with the loan.
A veteran may use his or her VA home loan benefits to buy a quadruplex so long as the veteran occupies one of the units and his or her primary residence. The benefits cannot be used to acquire a multi family dwelling above a quadruplex (above 4 units), as that would be regarded as a commercial property. Once the veteran pays off the loan, he or she may repeat the process with a second property.
INVEST WITH ROOTS
Roots is a private real estate investment community, company, LLC that offers investors liquidity every quarter (so every three months). There is only a $5 transaction fee to get started and no penalties to cash out after the first year. One may get started as a non accredited or an accredited investor with only $100.