We are a full service Commercial Mortgage Company. We do not do any single family home mortgages. We are in the commercial financing business and we do not sell leads to other companies. Financing Commercial Real Estate is our only business. We close loans.
Lenders that you find on the Internet are all different. Many will try to fit you into the loan products that they sell. That is why you need to consult with an independent mortgage company. We know what is available in the market. We can discuss your needs and goals and suggest what would be the best loan for you. Then we will place that loan for you. We will stay with you through the funding. We always represent the borrower, not the lender.
If you call a carpenter to fix something he will bring his hammer to hit a nail. It is the same with lenders. If you go to a large bank they will offer you a fixed rate loan for only 3 to 5 years or an adjustable for 10. They will want a personal guarantee and they will use their underwriting parameters to determine your loan size. If you go to a community bank they will do something similar or they may want to squeeze you into an SBA program. You may go to a residential mortgage company that does not know the commercial market. You may wind up with a private lender and pay too high a rate or a CMBS lender that may not be the best product for you.
We do loans in all parts of the United States. We do loans for all kinds of commercial property. We offer a large variety of loan types. We have CMBS Conduit loans, Agency loans for multi family, SBA 7a and SBA 504 loans and Bridge loans, as well as conventional and construction loans. Unlike other companies that you may find on the internet we do not try to fit you into the one loan type that we do. We suggest the type of loan that fits you best.
Our interest rates and loan terms are usually better than you will be offered by your bank and other lenders. We are very competitive. We always try to do the best loan to meet the needs for our client, the borrowers. Call us with any questions that you may have in connection with borrowing and financing Commercial Real Estate. We have been in the business a long time. We are licensed and bonded. We are working for you.
Call us 480 970 0990. Email to email@example.com
CMBS loans are loans for stabelized real estate. They are low interest rate 10 year fixed loans, Funds come from the bond market. We do tham for hotels, retail, office, industrial.
Agency loans are from Fannie Mae, Freddie Mac and HUD. Government agencies. These are low rate long term fixed loans. They are the best loans for multi-family properties.
We do SBA 7a loans up to $5 million. SBA 504 to $13 million. These are federal guranteed loans. Their down payment is lower but their interest rates are higher than conventional loans.
This is a polite term for private and hard money loans. In general the interest rate is higher and the maturity is shorter. However in some cases this is the only type of loan that is available.
Phone: 480 970 0990
NMLS ID 181100
First Charter Financial Corporation
8204 East Del Caverna Drive
Scottsdale AZ. 85258