Commercial Loan Programs |
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Multifamily and condo conversion
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Office, industrial, mixed-use and retail
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Construction, permanent and floating rate loans available
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Flexible pre-payment options
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Competitive rates
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| Single Family Residential, Acquisition, Development and Construction Financing |
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Overall advance rate averages up to 80% of the value of the finished dwelling units |
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Up to 100% financing of hard construction and site improvement costs
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Up to 90% of unimproved land with approvals in place (with mezzanine financing)
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Interest rates floating over libor or prime
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Interest reserve provided in certain transactions
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| Mezzanine Loans |
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Refinance, acquisition or alternate exit strategies
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Loan sizes range from $150,000 to $5,000,000
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New Jersey Metropolitan Region
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Rate and terms to be determined based on situation
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