Spartan Commercial Mortgage Services is your local Commercial Mortgage Company for when you need an Investor Cash Flow Loan! We specialize in financing commercial real estate. We cover most of the United States with a focus on the North East and East Coast. Spartan Commercial Mortgage offers Stated Income Commercial Mortgages as well as Conventional …
Investor Cash Flow Loan Program for 1 to 4 units Read More »
Real Estate Investor News This is a real estate investor news update to keep everyone informed during the pandemic. Commercial Mortgage Lending has slowed down and with some loan types has halted altogether. Fix and Flip as well as Fix and Hold loans are back as of June, 2020. But, they look a bit different …
Investment Real Estate Loans Made Easy! Spartan Commercial Mortgage is your resource for Investment Real Estate Loans. We offer financing throughout Connecticut, New England, New York, and the East Coast. We offer two great programs that assist investors with getting their loans closed. Residential Property Investment Loans: Non owner occupied investment properties have to be …
Spartan Commercial Mortgage Services offers Apartment Building Financing. Our Apartment Building Financing program provides loans from $1 million up to $7.5 million with both fixed- and hybrid- rate options. Borrowers can purchase, refinance, debt consolidate, or simply do a cash out refinance with this program. This will all be done as a Freddie Mac Commercial …
Spartan Commercial Mortgage Services is excited to announce that we are now offering Jumbo Apartment Mortgage Loans. More specifically, we will be providing commercial mortgages from $1 million up to $7.5 million with both fixed- and hybrid- rate options. Borrowers can purchase, refinance, debt consolidate, or simply do a cash out refinance with this program. …
Jumbo Apartment Mortgage Financing is now Available Read More »
Commercial Mortgage News for Real Estate Investors This is a commercial mortgage news update to keep everyone informed during the pandemic. Commercial Mortgage Lending has slowed down and with some loan types has halted altogether. Fix and Flip as well as Fix and Hold loans are now back as of June, 2020. But, they look …
Full Doc Loans: Commercial Mortgage Rates June 2020 are a bit sporadic. Whereas prior to the pandemic rates were in the high 4s on an 80% ltv 30 year fixed loan, now it is a different story. Presently, commercial lenders are preferring to stay 70% LTV and under and these rates are in the 6s. …
This is an overview of what is going on with Commercial Mortgage Lending during Covid-19. The Podcast, between Spartan Commercial Mortgage and CTREIA, covers a variety of commercial mortgage topics. The first thing that is covered is the present status of lending. Topics like Stated Income, Conventional Commercial, Fix and Flip, as well as Hard …
What is going on with Commercial Mortgage Lending During Covid-19 Read More »
Why and When to use Commercial Mortgages rather than Private Money Loans 1. When Time is not a factor (although you can still close in 30 days). The commercial mortgage process is not as long as many people believe. 2. When Rates and Terms are the focus (5.75% with 0 points at 80% LTV on …
When will commercial mortgages come back? As of right now the answer is June first for Fix and Flip Loans and July 1st for most other commercial mortgage types. At Spartan Commercial Mortgage Services, we specialize in Stated Income Commercial Mortgage Loans, Fix and Flip Loans, and Conventional Commercial Mortgages. We cover most of the …
