MARKET UPDATE BLOG

Correspondent_Lenders - Commercial_Real_Estate

Correspondent Corner

April 11, 2019

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

  • Loan amounts range from $1,000,000 – $50,000,000
  • Nationwide lending platform with a preference towards large MSA’s
  • Interest only available on a case by case basis
  • No prepayment penalty
  • Typically requires a personal guarantor
  • Aggressive interest rates are available for 3, 5, 7, and 10-year fixed-rate terms
  • The lender will lock in interest rate at application