Are you looking for Mixed Use (MUD)
Property financing in Massachusetts?
We have the Programs to say “Yes!” when your local bank says “No!”
Hello I am Christopher Adams from Northeast Financial located in Middletown CT. We are a national commercial mortgage lender with a focus on supporting our neighbors in Massachusetts.
We offer stated commercial loan programs from $100K – $5MM with a credit score as low as a 600. 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;
· We do loan sizes of $100k to $5MM
· Can do terms ranging from 5-25 years
· We look for a 640 FICO but can go to 600
· We close deals in approximately 3-4 weeks from application
· LTV’s up 75% on almost all commercial property types
· We do fixed and adjustable rates
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.
For more information and to start the loan process call me today.
Chris Adams / Vice
President Commercial Lending Northeast
Office (860) 788-7237