Author Archives: ssobin

Commercial Mortgage Rates Expected To Rise!

Commercial mortgage lenders are holding their breath as the Federal Reserve has made it clear that they are preparing to tighten the reins. Lenders are preparing for an increase in rates very shortly. At the end of July 2014, the Federal Reserve reduced its bond buying program by $10 billion a month and announced that they would end the plan in October. Notes from the Fed’s July meeting, revealed recently, indicate that the Fed action is due to the strength of the economic recovery. Once the Fed stops its bond buying program, market rates will begin to rise as the competition for available funds increases.

If you are considering buying a commercial property, or refinancing your existing loan, now is the time to act before rates increase. If you have been sitting on the fence waiting, now is the time to act. If you are in need of a commercial mortgage lender, Select Commercial Funding LLC is a highly qualified commercial mortgage lender. As President of Select Commercial, I have over 30 years of commercial lending experience. Select Commercial is a nationwide leader in the commercial mortgage industry and we are currently lending on the following types of properties:

  • Apartment Buildings
  • Office Buildings
  • Retail Properties and Shopping Centers
  • Warehouses
  • Restaurants
  • Doctor’s Offices
  • Dental Offices
  • Franchises
  • Gas Stations
  • Car Washes
  • Self-Storage
  • Special Use
  • Hotels/Motels

Select Commercial Funding LLC offers extremely low commercial mortgage rates, personalized service, no application fees, 24 hour written pre-approvals and much more.

If you are in need of a commercial mortgage loan for a purchase or refinance, do yourself a favor and contact us. Not only will we will show you how much money you can save, we will also simplify the process as much as possible. Select Commercial is a trusted name in the commercial mortgage industry and that is why we have earned an “A+” rating from the Better Business Bureau. We can be reached at 1-877-548-9454 or click here.

Stephen Sobin, President of Select Commercial Funding LLC

Stephen-Sobin6

Stephen A. Sobin is the Chief Executive Officer of Select Commercial Funding LLC.  Mr. Sobin has over 30 years’ of mortgage banking experience.  In 1981, he started State-Wide Capital Corp., one of the leading residential/home equity loan providers in the country.  The company was well known through its extensive television, radio and newspaper advertisements promoting its 1-800-DIAL-CASH phone number.  Mr. Sobin sold State-Wide Capital to Superior Bank FSB, a federal savings bank headquartered in Chicago, Illinois in 1995.  Mr. Sobin became the President of a mortgage lending division of the bank until 1997.

Mr. Sobin then founded Select Commercial Funding LLC and began to offer commercial mortgage banking and real estate capital advisory services on a national basis.
  His vision was to become an advocate for his clients and help borrowers navigate the difficult economic conditions facing the commercial mortgage industry and to assist them achieve their goals despite uncertainty in the capital markets.  Select Commercial is acts as a correspondent with many leading national real estate lenders, including: national, regional, and local community banks, life insurance companies, finance companies, investment banks, Fannie Mae, Freddie Mac, FHA, hedge funds, and private lenders.  Mr. Sobin’s expertise, knowledge of the market, underwriting skills, understanding of lender’s requirements, and wide array of lending sources guarantee that Select Commercial’s clients receive the very best rates and terms available in the market or at karateclasseslosangeles.com.

Select Commercial funds all types of commercial properties, including: apartments, retail, office, mobile home parks, warehouse, industrial, self-storage, hospitality, medical, automotive, restaurants, motels, gas stations and other many other special use properties.

Select Commercial is a proud member of the InterCapital Group of commercial mortgage professionals.