We are a nationwide commercial mortgage broker specializing in all types of commercial mortgage loans, Apartment Loans, Freddie Mac Multifamily Loans, and credit tenant lease loans.
Some of our loan programs are as follows:
Apartment building loans – We are actively lending from $1,500,000 and up on all types of apartment buildings, mobile home parks, student housing and underlying coop loans.
Owner occupied real estate – Business owners who own their property or are looking to acquire a business property are finding great rates at Select Commercial with LTV ratios up to 90% (and maybe even higher!)
Commercial mortgage / Commercial real estate loans – Multitenant and investor properties, including office, retail, warehouse, industrial and self-storage.
Special use properties – We are not afraid of motels, gas stations, restaurants, car washes, and other single tenant or special use properties that many other lenders shy away from.
Bridge loans – We have many programs geared towards owners of properties where the property is not currently stabilized due to vacancies or those in need of tenant improvements.
Credit lease transactions – Single tenant buildings where the tenant is a national credit rated tenant, such as Walgreens and CVS drugstores.
Credit/income problems – We do not automatically reject applicants due to credit or income which is less than perfect. If the deal otherwise make sense, we will look past temporary setbacks.
As an independent mortgage banker, Select Commercial offers many advantages over the local bank. We have a myriad of capital sources available to choose from guaranteeing the widest array of financing choices possible. Most local banks charge application and other upfront non-refundable fees. At Select Commercial, we never charge any upfront fees. We will process your loan request and, if pre-approved, offer a letter of intent or term sheet with no-cost and no-obligation. Our turnaround time can't be beat. Most loans are reviewed and a decision made within 24 hours. We are generally able to close most loans within 45 days from completed application.
In today's economic climate, many banks and other lenders have severely curtailed their lending activities or stopped lending altogether. At Select Commercial, we are actively arranging financing nationwide. We have established excellent, long term relationships with over 100 of the country's most active lending institutions, including: banks, savings and loan associations, insurance companies, finance companies, Wall Street conduit lenders, Agency lenders, and private lenders. We enjoy an excellent reputation within the lending community and spend an enormous amount of time maintaining these relationships in order to provide our clients with the most current market conditions and information.
Whether you are looking to purchase or refinance an apartment building, commercial property, or owner occupied business real estate you can rest assured that Select Commercial will be ready, willing and able to assist you.
Recent TRUSTPILOT Reviews
Select Commercial Funding Reviews from TRUSTPILOT
A three year journey
"Thanks Stephen for all of your hard work in getting our deal closed! I appreciate your professionalism and patience throughout a complicated process. You always were there for my partner and I whenever we had questions and needed answers quick. It was a pleasure to have worked with you and Select Commercial!"