- Loan amounts from $250,000 to $10,000,000
- Up to 70% LTV depending on market
- 30 year amortization
- Rates from 5.75%
- Reasonable closing costs
- Cash-out refinances limited to 50% LTV
- Borrowers must have market experience, solid liquidity and net worth
- Minimum FICO (credit) score of 680
- Properties should be above quality, stabilized and seasoned. Unseasoned, recently stabilized properties may be acceptable with strong sponsorship.
No significant deferred maintenance allowed.
Since it's founding in June of 1998 Gomberg Financial Services has originated over 425 commercial loans.
If you would like more information on any of our commercial loan programs, please contact our office by phone (781-631-7929) or send us an email.