A repeat client approached Andy Crawford, CCIM in Q3 of last year - he needed to lock rate in a rapidly rising rate environment, but close his purchase in 2023.
Andy successfully secured financing through a prime rate-based lender who held the quoted rate despite two 75-bps Fed increases before closing.
At time of application, the property had substantial short-term and month-to-month tenancy; the CommCap team worked with the lender to allow time between application and close for the client to renew/replace tenants.
Contact today for current rates!
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As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.
We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.