ReleaseWire Connect

Selectcommercial.com announced on Thursday, November 13th, the closing of a $2,650,000 refinance of a 206 unit apartment property located in Fort Wayne, Indiana. The borrower refinanced his existing loan for a lower rate and obtained a new 15 year self-liquidating fixed rate mortgage.

Selectcommercial.com announced on Wednesday, July 16st, 2014 the closing of a $840,000 mixed use property located in Brooklyn, New York. The property consists of apartments and a retail space that the borrower will occupy for his dental office. The borrower received a 5 year fixed rate loan with a 30 year term and amortization.

Selectcommercial.com announced on Wednesday, July 16th, the closing of a $950,000 refinance of a 29 unit apartment property located in Highland, Indiana. The borrower received a 10 year fixed rate loan with a 20 year term and amortization.

Selectcommercial.com announced on Wednesday, May 21st, 2014 the refinancing of a $3,116,000, 84 unit apartment building located in Bradenton, Florida. The borrower received a 5 year fixed rate loan with a 10 year term and a 25 year amortization. This allowed the borrower to pay off a high rate loan and lock in a low fixed rate.

Select Commercial Funding LLC announced on Wednesday, May 14th, 2014 that its president, Stephen Sobin, launched a blog website stephensobin.com.

Select Commercial Funding LLC is pleased to announce the introduction of a new lending program for self-employed borrowers. Select Commercial is now offering a working capital loan of up to $150,000 to assist small business owners with their working capital needs. These loans do not require collateral and are available to owner operators who have been in business for at least three years. Loans can be approved in 24 hours and close in 7-10 days. The application process is quick and easy. Borrowers should have a minimum credit score of 660 and have no bankruptcies, foreclosures or tax liens. For more information, please contact Select Commercial at 1-877-548-9454.

Selectcommercial.com announced on Friday, March 7th, 2014 the refinancing of a $1,300,000, 48 unit apartment building located in Rowlett, Texas (a suburb of Dallas). The borrower received a 5 year fixed rate loan and a 30 year term and amortization. This allowed the borrower to pay off a high rate loan and lock in a low fixed rate.

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, announced on Monday March 10th, 2014 that it was expanding its commercial mortgage lending program to include cities and states that were hurt most during the recession.

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

Selectcommercial.com announced on Thursday, January 8th, 2014, that it originated a $1,100,000 loan 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.