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The "Pre-Approval Now" link is for Customers Only. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the customer link above...
COMMERCIAL PURCHASE / REFINANCE LOAN |
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Property Types:
- Multi-Family (5 - 25 Units)
- Retail Building
- Light Industrial
- Office Building
- Mobile Home Parks
- Other types considered
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The Normandy Advantage:
- Fast pre-approvals within 2 - 4 business days
- Deal directly with the Loan Officer
- Fast closings - appraisals can be ordered after closing
- We fund the deals!
General Terms:
- Loan Size: $100,000 to $1,500,000
- Rates: 8.95% to 12.95%
- Fees: 1.50% to 3.50%
- Pre-payment: Allowed without penalty
- Term: 1 to 5 Years
- Loan to Value: Typically 55% to 70%, however, up to 75%* possible on high quality properties and/or high quality Borrowers
*Cross collateralization allowed on other properties, if needed, for maximum (or greater) loan amounts
- Minimum cash from Borrower: 25.00% plus closing costs
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Call today @ (585) 256-2600 or use the "Pre-Approval Now" link above.
NORMANDY CORPORATION
NMLS #71492
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email: info@normandy.com
Hours: Monday - Friday 9 am to 5 pm |
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