This program is ideal for buildings and borrowers who cannot qualify for financing from traditional lenders. Eligible property types include multifamily, retail, office, self-storage, warehouse, mobile home parks and automotive. 75% occupancy required.
This program offers:
Loan amounts from $100,000 to $3,000,000
2, 3 and 5 year fixed terms with full 30 year amortization
Interest rates starting at 7.5%
Reasonable closing costs and fast turnaround
Borrower requirements include minimum 600 FICO score.
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.