Business Details
Trusted Commercial Mortgage Solutions Nationwide
Select Commercial Funding has built a reputation as a trusted leader in commercial mortgage financing since its founding. With decades of industry experience, our team specializes in delivering tailored loan solutions for multifamily properties, commercial real estate, and owner-occupied businesses. We pride ourselves on our nationwide reach, maintaining relationships with over 100 lending institutions to ensure competitive rates and terms. Our streamlined process eliminates application fees and delivers pre-approvals within 24 hours, supported by in-house underwriting expertise that accelerates loan closings.We serve both large-scale investors and small business owners, offering specialized programs for unique properties like gas stations, motels, and single-tenant NNN leases. Our commitment to transparency and client education is reflected in our market analysis reports and personalized guidance through every stage of the lending process. Backed by decades of experience and a network of capital sources, we focus on finding optimal financing solutions rather than pushing standardized products.
Services
Apartment Loans
Multifamily Financing
Commercial Mortgages
Bridge Loans
NNN Lease Loans
FHA Loans
CMBS Loans
Owner-Occupied Loans
1031 Exchange Financing
Special Use Loans
Highlights and features
- We offer 30+ years of commercial mortgage expertise with nationwide lending capabilities
- Our in-house underwriting process saves weeks of processing time
- We maintain relationships with 100+ lending institutions for maximum financing options
- No application or processing fees for any commercial mortgage products
- Specialized programs for unique properties including motels, gas stations, and NNN leases
What people say
Professional manner
Excellent rates
Exceptional service
Timely assistance
Trust and confidence
Services
Apartment Loans
We provide specialized financing for apartment buildings ranging from $1.5 million to $25 million+. Our programs include conventional loans, Freddie Mac and Fannie Mae multifamily loans, and bridge financing options. Borrowers benefit from competitive rates, up to 80% LTV, and tailored solutions for both stabilized and value-add properties across the United States.
Commercial Mortgages
Our commercial mortgage programs serve investors seeking financing for office buildings, retail centers, warehouses, and industrial properties. With loan amounts from $1.5 million, we offer up to 75% LTV and terms up to 30 years. Our expertise includes CMBS loans, HUD financing, and non-recourse debt structures for both purchase and refinance transactions.
NNN Lease Loans
Specialized financing for single-tenant net lease properties occupied by credit-rated tenants like Walgreens or CVS. We offer competitive rates with up to 25-year amortization for stabilized properties. Our programs cater to investors seeking long-term, low-maintenance commercial real estate investments with reliable cash flow.
Bridge Loans
Our bridge loan programs provide flexible financing for transitional properties requiring capital for stabilization or renovations. Ideal for borrowers with credit challenges or properties with high vacancy rates, these short-term loans feature streamlined approval processes and interest-only payment options to support property repositioning efforts.
FHA Multifamily Loans
Government-insured multifamily financing through the FHA 223(f) program offers favorable terms for apartment property owners. We facilitate loans with competitive interest rates, long-term fixed-rate options up to 30 years, and up to 85% LTV for qualified borrowers seeking to purchase or refinance multifamily properties nationwide.
People
Stephen A. Sobin
President and Founder
Stephen Sobin brings over 30 years of commercial real estate lending experience to Select Commercial Funding. Previously founded State-Wide Capital Corp., he transitioned to multifamily financing after selling his home equity loan company in 1995. Recognized as an industry expert, his insights regularly appear in major real estate publications.
Questions
What loan programs does Select Commercial Funding offer?
We offer FHA, Freddie Mac, Fannie Mae, CMBS, and conventional loan programs for multifamily properties, commercial real estate, and owner-occupied businesses with loan amounts from $1.5 million.
Do you charge application or processing fees?
No, we never charge upfront fees for commercial mortgage applications or loan processing.
How quickly can you provide loan pre-approvals?
Our streamlined process delivers no-cost pre-approvals within 24 hours of receiving complete application materials.
What credit requirements do you have for borrowers?
We consider temporary credit challenges and focus on the overall deal strength rather than automatically rejecting applicants with less-than-perfect credit.
Do you lend on special use properties?
Yes, we specialize in financing for special use properties including motels, gas stations, car washes, and other single-tenant commercial buildings that many lenders avoid.
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