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Gomberg Express Program
Gomberg Nationwide 80 Program
Gomberg Nationwide 90 Program

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Gomberg Nationwide 80 Program


This program offers great rates and is available in all 50 states. Fixed terms of 3, 5, 7, 10 and 15 years are available with no balloon. Loan amounts from $500,000 to $5,000,000. Up to 80% LTV for apartment and mixed-use properties. Up to 80% LTV for cash-out refinances. "C" properties are OK if there is no excessive deferred maintenance. Rate can be locked for 60 days. Good credit history is required. Recent transactions originated by Gomberg Financial using this program include:

$2,450,000 80% LTV purchase loan for this 48-unit apartment complex in Lynn MA. The loan is fixed for 10 yrs. at 6.4% and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$652,000 purchase/refinance combo loan for 5 bldgs. with 30 apartments in Newport VT. The interest rate of 6.75% is fixed for 10 yrs. and amortized over 30 yrs.
$500,000 cash-out refinance loan for this 7-unit apartment building in Brookline MA. The loan is fixed for 10 yrs. at 6.79% and amortized over 30 yrs. Zero points paid by borrower. Non-recourse. Funded by Gomberg Lending, LLC.
$545,000 cash-out refinance loan for this 12-unit apartment building in Franklin MA. The loan is fixed for 10 yrs. at 6.48% and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$360,725, 80% LTV purchase loan for this 12-unit apartment building in Springfield MA. The loan is fixed for 10 yrs. at 6.78% and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$431,200, 80% LTV purchase loan for this 6-Family building in Taunton. The loan is fixed for 7 yrs. at 6.72% and amortized over 30 yrs. Funded by Gomberg Lending, LLC.
$1,192,000, 80% LTV purchase loan for this 60-unit apartment building in Kansas City MO. The loan is fixed for 5 yrs. at 6.72% and amortized over 30 yrs.
$1,980,700, 80% LTV purchase loan for this 34-unit mixed-use building in Lynn MA. The loan is fixed for 10 yrs. at 7.22% and amortized over 30 yrs.
$384,000, 80% LTV purchase loan for this 10-unit apartment building in Bristol CT. The loan is fixed for 10 yrs. at 7.36% and amortized over 30 yrs. Zero points paid by borrower.
$600,000 cash-out refinance loan for this 54-unit apartment complex in Philadelphia PA. The loan is fixed for 10 yrs. at 6.96% and amortized over 30 yrs. Zero points paid by borrower.
$612,000, 80% LTV purchase loan for this 19-unit apartment building in Bristol CT. The loan is fixed for 5 yrs. at 6.64% and amortized over 30 yrs.
$1,008,000, 80% LTV purchase loan for this 18-unit apartment building in Lynn MA. The loan is fixed for 10 yrs. at 7.14% and amortized over 30 yrs. Zero points paid by borrower.
$558,750, 75% LTV cash-out refinance loan for this 7-unit mixed-use building in Dennisport MA. The loan is fixed for 10 yrs. at 7.06% and amortized over 30 yrs. Zero points paid by borrower.
$708,750, 75% LTV purchase loan for this 12-unit apartment building in Lowell MA. The loan is fixed for 5 yrs. at 6.63% and amortized over 30 yrs.
$968,000, 80% LTV purchase loan for this 17-unit apartment building in North Attleboro MA. The loan is fixed for 10 yrs. at 6.81% and amortized over 30 yrs. Zero points paid by borrower.
$2,120,000, 80% LTV purchase loan for this 44-unit apartment building in Worcester, MA. The loan is fixed for 10 yrs. at 6.63% and amortized over 30 yrs. The loan is assumable and is based on the 6-month LIBOR. Zero points paid by borrower.
$251,250, 75% LTV cash-out refinance loan for this 8-unit apartment building in Winthrop ME. The loan is fixed for 10 yrs. at 6.92% and amortized over 30 yrs.
$408,000, 80% LTV purchase loan for this 15-unit apartment building in Bristol CT. The loan is fixed for 10 yrs. at 6.83% and amortized over 25 yrs. Zero points paid by borrower.
$280,000, 80% LTV purchase loan for this 10-unit apartment building in Hartford CT. The loan is fixed for 3 yrs. at 6.39% and amortized over 30 yrs.
$307,500, 75% LTV purchase loan for this 6-unit apartment building in Westfield MA. The loan is fixed for 10 yrs. at 6.73% and amortized over 30 yrs.
Six separate 80% LTV loans for the same borrower to purchase six apartment buildings with a total of 42 units in Fall River MA. The total loan proceeds equals $2,116,000. All six loans are fixed for 10 yrs. at 6.53% with zero points, and amortized over 30 yrs.
$1,800,000, 80% LTV purchase loan for this 55-unit apartment complex in Springfield, MA. The loan is fixed for 5 yrs. at 6.65% with zero points, and amortized over 30 yrs. The loan is assumable.
$1,120,000, 80% LTV purchase loan for this 28-unit apartment building in Chicopee, MA. The loan is fixed for 5 yrs. at 6.84% with zero points, and amortized over 30 yrs. The loan is assumable.
$862,500, 75% LTV purchase loan for this 9-unit mixed-use building in Dorchester, MA. The loan is fixed for 5 yrs. at 6.25% and amortized over 30 yrs. The loan is assumable and is based on the 6-month LIBOR.

Two 80% LTV purchase loans for the same borrower for a total of 25 apartments in Ware, MA. Both loans are fixed for 5 yrs. at 6.33% with zero points, and amortized over 30 yrs. The loan is fully assumable.
$340,000, 80% LTV purchase loan for this 8-unit apartment building in Haverhill, MA. The loan is fixed
for 5 yrs. at 6.66% with zero points, and amortized over 25 yrs. The loan is fully assumable.
$600,000, 80% LTV purchase loan for this 13-unit apartment building in Fall River, MA. The loan is fixed
for 10 yrs. at 6.76% with zero points, and amortized over 30 yrs. The loan is fully assumable.
$656,000, 80% LTV purchase loan for this 20-unit apartment building in Springfield, MA. The loan is fixed
for 5 yrs. at 6.4% with zero points, and amortized over 30 yrs. The loan is fully assumable.
$776,000, 80% LTV purchase loan for this 12-unit apartment building in Lynn, MA. The loan is fixed
for 10 yrs. at 6.4% and amortized over 30 yrs. The loan is fully assumable.
$388,000, 80% LTV purchase loan for this 15-unit apartment building in Hartford, CT. The loan is fixed for 10 yrs. at 6.65% and amortized over 30 yrs. The loan is fully assumable.
$384,000, 80% LTV purchase loan for this 12-unit apartment building in Leominster, MA. The loan is fixed for the entire 15 year term at 6.65%. The loan is fully assumable.

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.