Commercial Mortgage Updates For January 2012

Happy New Year! CRE rates continue to be low.

Great rates on both 5 year and 10 year fixed loans. 5 YEAR fixed money at 4.95%, 10 year fixed money at 5.90%.

Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing.

Here are a few program highlights:

  • Owner-user and Investor CRE programs > $250k
  • SBA 504 and 7(a) financing for most states – rebates up to 2% on SBA 504 (SBA 7a financing for hotels/motels and gas/c-stores)
  • Multi-family financing in most medium and large cities – all 50 states – rates starting @ 4.25%
  • Bridge to perm financing in 30-45 days – excellent for borrowers who are getting pressure from their current note holder to take them out
  • CMBS programs above $3 million
  • Quick deal analysis and LOI within 24 hrs if we are interested in the deal
  • 1-4 Family Stated Investment
  • Stated Commercial Up to $3 Million

Please feel free to contact me with any questions regardless of the deal type.

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