MARKET UPDATE BLOG

Correspondent_Lenders - Commercial_Real_Estate

Correspondent Corner

October 18, 2018

Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance Company correspondent lenders in the market:

  • Loan amounts range from $5,000,000 – $50,000,000
  • Nationwide lending platform with a preference towards large MSA’s
  • 25-year amortizations are typical. Interest only is available on a case-by-case basis.
  • Non-recourse with recourse carve-outs
  • Retail, office, industrial, multi-family, and hospitality loans will be considered
  • Rate locks at application
  • Variable rate loans along with 3-20 year fixed rate loans are available
  • Forward pricing (rate lock up to a year in advance) is available
  • Aggressive interest rates are available for high-quality transactions