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

Available from other lenders
Fannie Mae DUS Program
HUD 221d4 Rehab Program NEW
Bridge Rehab Program
Fractured Condo Loan Program
Rooming Houses
   
New Conduit Style Loan Program

Available for Retail, Office, Industrial and Apartments.  Loan amounts from $1,000,000 to $10,000,000.  3, 5, 7, and 10 year fixed terms with 30-year amortization.  Rates from 6.25% to 6.5%. Up to 75% LTV for purchases and 70% LTV for cash-out refinances.  Minimum 85% occupancy. Strong borrower profile required. Minimum 660 FICO score and liquidity equal to 10% of the loan amount post closing required. Recent transactions originated by Gomberg Financial Services with similar typle programs include:

$1,000,000 purchase loan for this 8-unit retail strip in Providence RI.  The loan is fixed for 10 yrs. at 7.35% and amortized over 30 yrs.  
$708,750, 75% LTV purchase loan for this Rochester NY professional office building.  The loan is fixed for 10 yrs. at 6.75% and amortized over 30 yrs.
$935,000 cash-out refinance loan for this 8-unit retail strip in Cape Coral FL.  The loan is fixed for 10 yrs. at 6.84% and amortized over 25 yrs.
$2,850,000, 75% LTV purchase loan for this Worcester property consisting of 22 retail and office units.  The loan is fixed for 10 yrs. at 6.35% and amortized over 25 yrs.
$665,000 cash-out refinance loan for this 4 unit retail strip in Merrimac MA.  The loan is fixed for 10 yrs. at 6.83% and amortized over 25 yrs.

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.