Northeast Financial - New York Mixed Use Properties

Mixed Use Development Mortgages

Northeast Financial is your leading commercial mortgage resource for all Mixed-used property loans. Northeast lends all throughout Connecticut but we can also lend in New  as well.  Here at Northeast Financial we work with Purchasing and refinancing Commercial Properties, But we also can do minor construction loans as well. This may entail painting, new flooring, minor damage replacement, etc. These properties are great if you are looking to move your business from a stand-alone building to having your business on the bottom and having extra income by renting out what is above your store. However, you don’t need a business to own a mixed use property, this is a great investment property because you can rent out many different types of businesses on the bottom level and also rent the apartments above or maybe turn that into office space.

Some information to remember when thinking of Northeast Financial:

• We can do purchases, refinances, or minor construction
• Take cash out or pay off the IRS
• Loans sizes up to $5MM
• Rates as low as 6.9% or fixed rates for 25 years between 8.5%-12%
• LTV’s up to 75% on almost all commercial property types (1st liens only)
• Close in as little as 3-4 weeks
• We offer a true stated program (Most of our loan programs are stated- meaning we do not use your tax returns to qualify you for the loan.)

If you are in need of an investment property and think MUD property is what you are looking for  then please don’t hesitate to call me at (845)208-1011, or email me at steve@northeast@mortgage.com.