Selectcommercial.com Funds $1,040,000 CA Apartment Building Loan

Selectcommercial.com announced on Thursday, February 6th, 2014, that it originated a $1,040,000 CA apartment building loan for the refinance of an apartment building located in Santa Cruz, CA.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

It Looks Like 2014 Will Be Another Strong Year for TX Commercial Real Estate Loans

It looks like 2014 will be another strong year for TX commercial real estate loans. Texas continues to show strong growth for commercial real estate developers and investors.  “I think the market is amazing,” said Segal, CEO of Houston-based Boxer Property, which owns almost 6 million square feet of North Texas office space. “I hope to make many more acquisitions in the Dallas Fort Worth area in 2014, if the deals persist,” Segal says. “It’s getting harder all over the metroplex.”

Texas’ booming economy has pushed Dallas-Fort Worth’s commercial real estate market to the highest point in almost two decades.

Office, retail and industrial vacancies are below where they were at before the recession. “We’ve never been as positive about a year as we are about 2014,” said Denton Walker, Trammell Crow senior managing director. “We think 2014 will be a breakout year for us in retail, office and industrial real estate.”

Growth in North Texas seems to be almost a certainty, because nearly 3 million square feet of office real estate in Dallas-Fort Worth was obtained in 2013, according to Jones Lang LaSalle’s end-of-year research.

Dallas-Fort Worth had a net job growth of 96,000 positions year-over-year, which coupled with the lack of new construction in the market has led to a much healthier market, Daryl Mullin, senior vice president of Jones Lang LaSalle told the Dallas Business Journal.

Investors looking for Apartment Building Loans, Commercial Mortgages and Business Real Estate Loans should look no further than Select Commercial. They offer loan quotes within 24 hours with NO cost, NO obligation, and NO upfront application fees. They can be reached at 877-548-9454 or you can Click Here to fill out a free loan request.

Selectcommercial.com Funds $1,100,000 IN Commercial Mortgage Loan

Selectcommercial.com announced on Thursday, January 8th, 2014, a IN Commercial Mortgage Loan in the amount of $1,100,000 for a FedEx/Kinko’s property located in Indianapolis, Indiana. The borrower received a 10 year fixed rate loan and a 25 year term and amortization. This allowed the borrower to pay off a high rate loan and lock in a long term fixed rate.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

 

Selectcommercial.com Funds Three Commercial Mortgage Loans Totaling $3,268,000

Selectcommercial.com Funds Three Commercial Mortgage Loans Totaling $3,268,000.

Selectcommercial.com announced on Monday, November 25th, 2013, that it originated three loans totaling $3,268,000 loan for the refinance of self storage units located in Ellijay GA, Laurinburg NC and Havelock NC.

The borrower received 25 year loan terms and amortizations with rates fixed for five years. This allowed the borrower to lower his rate, lower his monthly payments, obtain fixed rates and access working capital.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

 

Select Commercial Better Business Bureau Rating

Select Commercial receives Better Business Bureau Rating of A+. When Stephen Sobin President of Select Commercial was asked what the A+ rating meant to his company, he replied “It is just another reason to trust that we are going to do what we say we are going to do. With most of our business coming from online, it means many of our clients don’t get a face to face with us, that’s why we thought it was imperative to get the Better Business Bureau’s highest rating”, says Stephen.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

Select Commercial Helps Their Clients get the Lowest Commercial Mortgage Rates Available

Select Commercial is able to secure the lowest commercial mortgage rates for its clients due to its vast portfolio of active lenders. “Each loan is different” says Stephen A. Sobin, President of Select Commercial. “Some of our borrowers have great credit scores with large down payments, while others have some credit or income problems that require a lender comfortable lending to borrowers who may not qualify at their local bank.  What we try to do is match up the best lender for each client.  This is a  major advantage over dealing with the local bank that can only offer one or two loan programs”, says Stephen.

If you are trying to get the best commercial mortgage rates and terms for your commercial property, you may want to consider going with a company that has a multitude of lenders that can accommodate many different loan scenarios. With over 20 years of commercial mortgage experience, Select Commercial and Stephen Sobin can help educate you on your best commercial mortgage financing options.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

 

Selectcommercial.com Funds $975,000 NY Commercial Mortgage Loan Located in Queens

Selectcommercial.com announced on Monday, August 12th, 2013, that it originated a $975,000 NY commercial mortgage loan for the purchase of an apartment building located in Queens.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

 

 

Own Your Commercial Property

There are many advantages when you own your commercial property. Many owner-occupied business owners are looking at the advantages of owning their properties instead of renting. With the decline in prices of commercial properties and indicators pointing to prices going up, it makes sense now to consider purchasing your business property. This will allow you to control your cash flow and not have to worry about future rental increases.

If you are a business owner that would like to purchase or refinance your owner occupied property, Select Commercial has several special programs available for you to acquire, expand, or refinance your business property.

1)      For customers that have good business cash flow and credit, we are offering a special introductory rate of only 1.99% for the first year and a very competitive rate through maturity.  We will lend up to 80% of the value of the property and we can fix the rate for up to 15 years.  This offers expires on July 31, 2013, so if you are looking to buy or refinance your business real estate loan, now is the time to act!

2)      For customers that do not have verifiable income on their tax returns, we offer special loans with No-Income Verification.  These loans are based on common sense underwriting and simplified documentation.  Rates on these loans are slightly higher but are much lower than hard money or private money lenders offer.

3)      For customers looking to purchase an owner occupied medical, dental, or veterinary, or other related professional property, we offer up to 100% financing (no down payment required).

Select Commercial is committed to the success and growth of your small business.  Call or email for more details today!

Commercial Mortgage Rates on the Rise – Lock in Today

April 2nd, 2013

Reality Today reports commercial mortgage rates on the rise. With commercial mortgage rates on the rise, many business owners are looking to refinance. The good news is that mortgage rates are still near historic lows, but are on the rise. While Reality Today is referring to residential mortgage rates and not commercial mortgage rates, there is still a direct correlation between the two. According to the firm, the average rate for a 30 year fixed rate rose to 3.57% the week of March 28th, 2013. That is from 3.54% the week prior and from 3.31% in November, which was the lowest since 1971.

15 year rates climbed last week to 2.76% from 2.72% the week prior. The record low of 2.63% was reached in November.

While rates are off the lows of November 2012, they are still very attractive from a historical perspective. Also, with the S&P 500 reaching its all-time high, it appears the economy is getting back on track, pointing to rates going higher. So if you missed refinancing your commercial mortgage at these great rates, this may be your last chance before commercial mortgage rates continue their upward trend.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.

 

Selectcommercial.com Funds $710,000 AL Commercial Real Estate Loan Located in Madison.

Selectcommercial.com Provides funding for AL commercial real estate loan. The self-storage loan for a $710,000 commercial property is located in Madison, AL.

Selectcommercial.com announced on Monday, August 20th, 2012, that it originated a $710,000 loan for the refinance of a self-storage facility located in Madison, AL.

About Select Commercial
Select Commercial offers a very simplified application process with no upfront application fees and no processing fees. We will discuss you loan request with you during our initial phone conversation and have you provide some basic information about the property and the borrower. Written pre-approvals are generally provided within 24 hours with no absolutely cost or obligation. We always offer professional service with excellent rates and terms.

Select Commercial is focused on providing the best commercial mortgage financing solutions for each client’s needs. All details of the commercial mortgage lending process are meticulously managed from the beginning of the loan process to closing. We’ve worked hard to earn the reputation we’ve established with our clients and continue to look for ways to improve our service. We advise each individual client and try to find the perfect solution for his or her needs. How do we find the perfect solution?  We identify and screen lenders that best suit the needs of the client and ensure their ability to close on the terms provided.

Here are some of the loan types Select Commercial can help you with:

  • Office Building Loans – multi-tenant or single tenant, owner occupied or investor
  • Retail Building Loans – shopping centers, retail strip centers, or individual stores
  • Industrial Property Loans – warehouses, distribution centers, manufacturing facilities
  • Bridge Loans – short term loans to overcome short term problems
  • Single/Special Use Loans – motels, gas stations, restaurants, etc.
  • Apartment Building Loans – garden apartments, high-rises, cooperatives, etc.
  • Investment Property Loans – any income producing property


About Our President, Stephen A. Sobin

Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ experience in mortgage lending.  Mr. Sobin is the past president of the mortgage lending division of a federally chartered Federal Savings Bank. He founded Select Commercial to provide commercial mortgage advisory services to his clients nationwide.