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Local Voices

Massachusetts Mixed Use Commercial Mortgages

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.

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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;

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·         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.

Thank you,

 

Chris Adams / Vice President Commercial Lending Northeast Financial
860-788-7237 (office)
www.northeast-mortgage.com
cadams@northeast-mortgage.com


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