Local Voices
Northeast Financial - Storage and Warehouse Mortgages
Hello, This is Steven Spiridigliozzi with and article on Storage and Warehouse mortgages.
Storage Facility Financing
This is Steven Spiridigliozzi with Northeast Financial here to tell you about what we offer for Storage Facilities. We are a US Commercial Lender with a focus on New England, NY, NJ, and PA. However, we do have the ability to lend in all states. At Northeast Financial we work with many different property types, one property that has become more popular within the past few years is storage facilities. This brings up the question of, do you own a storage facility and need to refinance? Or maybe you are looking into purchasing your first or multiple facilities. Also, maybe you need to do minor construction on your storage facility, but you have been turned down by your local bank because of bad credit. If so, Northeast Financial is the company you’ve been searching for. With straightforward answers and easy-to-understand products, we can get you the cash you need.
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Here is what Northeast Financial has to offer you for your Storage Facility:
- Commercial loans up to 1.5 mm
- Adjustable rates as low as 7.9% or fixed rates for 25 years between 8.5%-12%
- LTVs up to 70%
- Closings in as little as 2-3 weeks
- Purchase loans, refinance and minor construction
- True stated loan program (Most of our loan programs are stated- meaning we do not use your tax returns to qualify you for the loan.)
- Pay off IRS liens or take cash out
If you are interested in purchasing or refinancing a Storage Facility or have any other questions please don’t hesitate to call me, Office: (845)208-1011 or email me at steve@northeast-mortgage.com. I am looking forward to hearing from you.