Gomberg Report Preferred RE What New Financing Recent Deals Interest Rates
Gomberg Express Program
Gomberg Nationwide 80 Program
Gomberg Nationwide 90 Program

Available from other lenders
Fannie Mae DUS Program
Market Rents Program
Nationwide REIT Program
West Coast Program
Nationwide Commercial
Loan Program
No Document Program
Cross Collateral
Commercial Mortgage
Backed Secrities
Sub Prime Lenders
Local Banks
FHA 221D-4
Fannie Mae Funded
Forward Program
Construction Loans
Rooming Houses
   
Commercial Mortgage Backed Securities

Wall Street has some of the best rates available for purchases and refinances of $1,000,000 and up.  It offers many advantages vs. most local and national banks.  The LTV is 80% compared to 75% offered by most banks.  Rates are fixed for 10, 15 or 20 years with yield maintenance or defeasance.  The loan is non-recourse.  Current rates start in the mid 6's.  This program could also be used in geographical areas, or for properties that do not meet Fannie Mae standards.  Recent transactions originated by Gomberg Financial Service include:

$1,280,000, 80% LTV purchase loan for a 36-unit apartment building located in Worcester, MA.  The 10 yr. note is amortized over 25 yrs. and has a fixed interest rate of 7%.
$2,240,000 purchase loan for housing complex in Corning, NY containing 100 residential units.  The 10 yr. note is amortized over 30 yrs. and has a fixed interest rate of 6.06%.  The loan has an assumable mortgage feature and is non-recourse.

Since it's founding in June of 1998 Gomberg Financial Services has originated over 370 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.