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Gomberg Express Program
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Gomberg Nationwide 90 Program

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Gomberg Express Program


This program is the best money available for the purchase or refinance of apartments with loan amounts of $500,000 up to $5,000,000. The interest rates start at around 6%, and you can finance up to 80% LTV. The loan can be fixed for 5, 7, 10, or 15 years and amortized over up to 30 years. These loans are all assumable. The property must meet certain guidelines, such as a minimum of 5 units and no more than 20% commercial influence. The borrower must have good credit and the property has to be in very good condition. We have closed over 30 transactions using this program and the Fannie Mae 3 Max Express program. Recent transactions originated by Gomberg Financial using these programs include:

$1,041,600 purchase loan for a 22 unit apartment complex in Woodstock CT. The interest rate of 6.2% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$1,334,000 purchase loan for a 25 unit apartment building in Lynn MA. The interest rate of 6.18% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$1,950,926 purchase/refinance combo loan for 8 bldgs. with 54 apartments in Fall River MA. The interest rate of 5.99% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$640,000, 80% LTV purchase loan for a 7-unit mixed-use building in Dennis Port MA. The interest rate of 5.99% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$2,160,000, 80% LTV cash-out refinance loan for this 48-unit apartment complex in Goffstown NH. The interest rate of 6.2% is fixed for 5 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$737,000 cash-out refinance loan for this 14-unit apartment building in Hyannis MA. The interest rate of 6% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$490,800, 80% LTV purchase loan for a 6-unit mixed-use building in Plymouth MA. The interest rate of 6.1% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$550,000 cash-out refinance loan for two multi-family buildings with 11 apartments in Haverhill MA. The interest rate of 6.06% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$704,000 cash-out refinance loan for a 14-unit apartment building in West Springfield MA. The interest rate of 6.22% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$468,000, 80% LTV purchase loan for a 6-unit apartment building in Beverly MA. The interest rate of 6.18% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$624,000, 80% LTV purchase loan for a 12-unit apartment building in Manchester NH. The interest rate of 6.33% is fixed for 10 yrs. and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$604,000 cash-out refinance loan for a 11-unit apartment building in Pawtucket RI. The interest rate of 6.09% is fixed for 10 yrs. and amortized over 30 yrs.
$1,369,600, 80% LTV purchase loan for a 32-unit apartment building in East Hartford CT. The interest rate of 6.31% is fixed for 10 yrs. and amortized over 30 yrs.
$792,000, 80% LTV purchase loan for a 18-unit apartment building in East Hartford CT. The interest rate of 6.31% is fixed for 10 yrs. and amortized over 30 yrs.
$2,368,000 80% LTV purchase loan for a 36-unit apartment building in Lynn, MA. The interest rate is in the mid 5's and is fixed for 10 yrs. and amortized over 30 yrs. Non-recourse.
$2,000,000 80% LTV purchase loan for a 30-unit apartment building in Lynn, MA. The interest rate is in the mid 5's and is fixed for 10 yrs. and amortized over 30 yrs. Non-recourse.
$1,200,000 refinance loan for a 24-unit apartment building in North Attleboro, MA The interest rate of 5.07% is fixed for 10 yrs. and amortized over 30 yrs. Non-recourse.
$1,368,000 cash-out refinance loan for a 48-unit apartment building in Jaffrey, NH. The interest rate of 6.41% is fixed for 10 yrs. and amortized over 30 yrs.
$1,360,000 80% LTV purchase loan for a 27-unit apartment building in Lynn, MA. The interest rate is below 5.5%, fixed for 10 yrs. and amortized over 30 yrs. Non-recourse.
$728,000 purchase loan for a 12 unit apt. bldg. in Manchester, NH. The interest rate is in the high 5's and is fixed for 10 yrs. and amortized over 30 yrs.
$5,389,000 refinance loan for two properties containing 96 residential units in Lynn, MA. The interest rate is in the high 5's and fixed for 10 yrs. and amortized over 30 yrs. 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.