Atlantic Beach, NY -- (SBWIRE) -- 03/11/2014 -- Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, announced on Monday March 10th, 2014 that it was expanding its commercial mortgage lending program to include cities and states that were hurt most during the recession.
During the recent economic downturn, many commercial mortgage lenders stopped and continue to not lend in states where commercial real estate values were affected by the recession, particularly, the states of Florida, Michigan and Ohio. Select Commercial Funding is one of the first to offer lending programs in these hard hit areas. Stephen Sobin, president of Select Commercial said “many banks and lending institutions just stopped lending in these states. We are happy that loan programs are now available for our prospective clients in Florida, Ohio and Michigan, because up until now, it has been very difficult to secure financing for these people.” Select Commercial Funding LLC, is actively lending in these states and most of the continental US on multifamily and apartment buildings, commercial real estate, and owner occupied business real estate.
About Select Commercial Funding LLC
Select Commercial Funding LLC offers Free Loan Quotes for purchases and refinancing of commercial real estate. They can be reached by phone at 1-877-548-9454 or by website at www.selectcommercial.com.