Press Release brought to you by Select Commercial Funding

$2,812,000 Apartment Building Loan Closing!

09/06/2018

Select Commercial Funding LLC is pleased to announce the closing of a $2,812,000 loan for the refinance of a 107 unit low rise/garden apartment complex located on a 5.80 acre site in Duluth Minnesota.  The refinance allowed the borrower to pay off a higher rate maturing loan and obtain cash out for new investment purposes.  The borrower received a 10 year fixed rate and a 30 year amortization.  Select Commercial was able to offer the borrower a non-recourse loan, significant cash out, a lower rate, and a longer term.


If you would like to obtain financing for your commercial property, please call me directly at 516-596-8537. To review other deals that we have approved and closed, click here.

Some highlights of our programs:

No application or processing fees
24 hour pre-approvals with no-cost
and no-obligation
Simple application process
Excellent rates and terms
Professional service

For more information, please call me today or visit our website for more details: www.selectcommercial.com.

Source

Select Commercial Funding

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