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California Multifamily Apartment Loans
RPM Mortgage - Paul Schectman Senior Mortgage Advisor offers a variety of loans for apartments with five units or more. Whether it's a small property or a large complex with several hundred units, RPM Mortgage - Paul Schectman Senior Mortgage Advisor has the ability to place the loans with the rates and terms that best fit the borrower's needs.
- Permanent Loans Fully amortized 30-year loans on Adjustable Rate Programs. Loans may be tied to a variety of different indices from 11th District Cost of Funds, MTA, CMT, or the 6-month LIBOR.
- Fixed Rate Loans with terms of 3, 5, 7, 10, or 15 years with 30-year amortizations. Some programs are available that roll to an adjustable loan at the end of the fixed rate period.
- Bridge Loans Short term loans for turnaround situations. Earn-outs and interest reserves can be built into the loan until the property reaches stabilization.
- Conversion Loans Converting an old office or industrial building into loft apartments, RPM Mortgage - Paul Schectman Senior Mortgage Advisor can locate the rehab money and the permanent money for these types of projects.
California Commercial Loans:
- Shopping Centers - Anchored or non-anchored centers.
- Retail Stores - Short-term leases and "mom and pop" tenants can be accommodated.
- Power Centers - Big Box users
- Office Buildings - All types from small professional buildings to high rise office buildings.
- Single Tenant - Whether it is a credit tenant or not, RPM Mortgage - Paul Schectman Senior Mortgage Advisor has the sources to fund you loan.
- Hotels - From small independent motels to large flagged or chain hotels.
- Mixed Use - Office over retail or apartments over retail - it does not matter. RPM Mortgage - Paul Schectman Senior Mortgage Advisor has the lenders that want to fund these types of properties.
- Special Purpose - Typically, lenders have trouble with special purpose properties; however, at RPM Mortgage - Paul Schectman Senior Mortgage Advisor we can finance all types of single purpose properties. RPM Mortgage - Paul Schectman Senior Mortgage Advisor has funded many properties that are normally difficult to finance.
- Industrial - Old and new, single-tenant, multi-tenant, or owner-user loans are available.
- SBA - Small Business Administration Loans
Contact Paul Schectman to review your Multifamily and Commercial mortgage loan options.
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Paul Schectman - Sr. Mortgage Advisor CA DRE License: 00885318 NMLS ID: 333583 RPM Mortgage - 591 Redwood Highway, Suite 1150, Mill Valley, CA 94941
Email: pschectman@rpm-mtg.com Direct: 415-381-7006
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