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
   
FHA 221D-4

This is an excellent program to create apartments.  The loan is 85% LTV including hard and soft costs.  You can also earn sweat equity if you are the general contractor.  The loans is fixed for 40 years and the construction loan converts to permanent financing once the project is stabilized.   The loan is non-recourse and fully assumable.  There is no limitation on the owner's return and the current interest rate is in the mid 6's.   Because of this programs' complexity, loans under $10,000,000 are usually not cost effective.

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.