Spartan Commercial Mortgage
Spartan Commercial Mortgage (SCM) was founded with the purpose of helping investors grow their business. As well, SCM wanted to do so while offering great rates and a 30 year fixed term. Even more, we are often able to do so without charging any points!
What kind of deals are a good fit for Spartan’s programs?
We specialize in providing alternative commercial mortgage solutions between $100,000 and $2 million for credit-worthy real estate investors and business owners who can’t or won’t work with banks. More specifically, we lend on turnkey properties, 1-4 units, 5+ unit apartment buildings, Mixed Use, Office, Retail, and Stand Alone Buildings. Finally, we offer fix and flip loans for 1-4 unit residential properties.
What makes us different from traditional bank lenders?
SCM boasts more flexible loan programs, faster closing schedules, and fewer documentation requirements than traditional bank options. With banks turning down 80% of the applicants they talk to, this is where SCM comes in.
Do you lend in all 50 states?
SCM lends in all U.S. states except Delaware, Hawaii, Idaho, Michigan, Montana, Nevada, North Dakota, South Dakota, Tennessee, Vermont, West Virginia, and Wyoming.
How long does it take for a commercial mortgage deal to close?
Every scenario is different, but SCM’s mortgage experts are often able to complete a transaction in 30-40 days.
Which types of borrowers are eligible for SCM’s loans?
SCM lends to U.S. citizens, permanent resident aliens, as well as legal entities (LLCs).
Call today for a free consultation or click here to get pre-approved.
Thanks,
Michael Meyer
President Spartan Commercial Mortgage Services
mike@spartancommercialmortgage.com
(860) 876-0572