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Neighbor News

Commercial Mortgage Loans for Mixed Use Properties

Commercial Mixed Use Mortgages

Are you looking for Mixed Use (MUD) Property financing?

We have the Programs to say “Yes!” when your local bank says “No!”

I am Christopher Adams from Northeast Financial located in Middletown CT. We are a national commercial lender with a focus on supporting our neighbors in Massachusetts, New York, New Jersey, Pennsylvania, and all of New England.We offer stated commercial loan program from $100K – $5MM with a credit score as low as a 640. Our Stated and Low documentation loan program can be ideal for a self employed client that does not show much income after taking write offs. It goes without saying that a full documentation loan will most likely get a better rate, but everyone has a different situation. We understand these situations; allow us to assist you today.Some information you may want to know about stated commercial loans;

Find out what's happening in Enfieldfor free with the latest updates from Patch.

  • We do loan sizes of $100k to $5MM
  • LTV’s up 75% on almost all commercial property types
  • Minimum FICO 640 mid score
  • No personal tax returns
  • Fully Amortized 30/30 , Fixed for 3 years, w/ 3 years Prepayment Terms
  • We close deals in approximately 3-4 weeks from application

Our goal is to get your loan closed and be your commercial mortgage resource for years to come.If you are interested in purchasing or refinancing a Mixed Use (MUD) Property take the first step call me today.

Thanks,

Find out what's happening in Enfieldfor free with the latest updates from Patch.

Chris Adams / Vice President Commercial Lending

Northeast Financial

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