mud

Connecticut Mixed Use Property Mortgage Loans

Posted on August 21, 2017 · Posted in Commercial Loans, National Commercial Mortgage lender

Mixed Use – Stated Income Mortgages

 

We are the financing resource for funding your commercial mortgage when your local bank turns you down.  We finance Connecticut commercial properties and specialize in Mixed-Use (MUD) properties.  We offer a common sense underwriting approach that will get your loan funded.

 

We will finance Mixed Use Properties that are Retail/Apartment, Office/Apartment, Office/Retail, Multiple Structures on the same property, and etc.  Some MUD properties are unique and we offer financing solutions for them as well.

 

Here is an overview of the program:

 

-Max Loan to Value is 65%-75%
-True Stated Income Program
-Loan Sizes from 100k – 2MM
-Ideal Credit score is a 600+
-Rates start at 6.5% and go as high as 11.5% depending on the transaction.
-25 year fixed terms.
-3-4 week closing.

 

Please call us today so we can provide you with a free consultation on we can get your Connecticut Mixed-Use Building financed.

 

Thank you,

 

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Michael Meyer
Senior Vice President of Northeast Financial
NMLS#117875
Mike@northeast-mortgage.com
860-876-0572
210 S. Main St Middletown, CT 06457

Company NMLS#117273 

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