Atlantic Beach, NY -- (SBWIRE) -- 07/01/2015 -- Selectcommercial.com announced on Tuesday, June 30th 2015, the closing of a $1,116,000 purchase of an apartment building located in Oklahoma City, OK (Oklahoma County). The borrower received a 7 year ARM with a 25 year amortization. The loan to value was 75%.
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 of Selectcommercial.com provided the Oklahoma borrower with the loan.
Selectcommercial.com specializes in Apartment Building loans and commercial mortgage loans nationwide.
About Select Commercial Funding LLC and President Stephen A. Sobin
Stephen A. Sobin has over 25 years of mortgage banking experience. His understanding of the market, underwriting skills, and in-depth knowledge of lender's requirements guarantee that our clients receive the very best terms available in the market.