Selectcommercial.com Funds $1,500,000 Commercial Mortgage 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 Selectcommercial.com provided the New York borrower with the loan.

About Select Commercial Funding LLC
Selectcommercial.com 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.

Please visit http://selectcommercial.com for more information.