Funds $1,500,000 Commercial Mortgage Loan Located in Brooklyn, NY Funds $1,500,000 Apartment Building Loan Located in Brooklyn, NY
NEW YORK - April 1, 2016 - PRLog -- $1,500,000 Apartment Loan Closed!

Select Commercial Funding LLC is pleased to announce the closing of a $1,500,000 cash-out refinance loan of a 9 unit apartment building located in Brooklyn NY. The borrower received a 5 year adjustable rate with a 30 year term and 30 year amortization.

The borrower received an excellent rate and term. The borrower chose Select Commercial for their loan due to Select Commercial's simplified application process and quick closings.

Stephen A. Sobin, president provided the New York borrower with the loan.

About Select Commercial Funding LLC specializes in Apartment Building loans and commercial mortgage loans nationwide.

About President Stephen A. Sobin
Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.  Mr. Sobin has over 30 years' experience in commercial and residential mortgage lending.  In 1981, he founded State-Wide Capital Corp., one of the leading home equity loan providers in the country.  The company was well known through its extensive television, radio and newspaper advertisements promoting its 1-800-DIAL-CASH phone number.  In 1995, Mr. Sobin sold State-Wide Capital to Superior Bank FSB, a federal savings bank headquartered in Illinois.  Mr. Sobin remained with Superior until 1997 as the President of a mortgage lending division of the bank.

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Select Commercial Funding LLC
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Tags:Commercial Mortgage, Apartment Building Loan
Location:New York City - New York - United States
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