Princeton Mortgage Now Offers Commercial Loans

PENNINGTON, N.J., Feb. 21, 2019 /PRNewswire/ -- Princeton Mortgage, a 35-year-old mortgage banker nationally ranked in the top 1% for customer satisfaction, now offers both retail and wholesale commercial loans between $25,000 and $1 million, 50-70% LTV. The introduction of this new product marks another milestone for the quickly expanding company. Commercial lending allows borrowers to explore possibilities beyond residential mortgages: building purchases, refinances and renovations on unusual property types.

Small commercial lending has historically been a difficult process for those not eligible for service from their local banks. Princeton Mortgage tackles these pain points by providing competitive fixed and adjustable rates and options for all credit grades. Programs are available for those with FICO scores as low as 600. Eligible property types include investment properties, multifamily homes, mixed-use properties, office buildings, retail mall spaces, auto repair shops, beauty salons, hotels, motels, bed and breakfasts, funeral homes, daycares, mobile home parks, warehouses, self-storage facilities and nonprofits. Closing can be done in as fast as 30 days from application. Princeton Mortgage guarantees an #effortless experience, or you get $1,000 back at closing. No strings attached.  

"We are taking advantage of our world-class operations team by actively removing barriers in the commercial lending space for borrowers," remarks Brett Shapiro, Regional Sales Director of Princeton Mortgage. "We are giving Brokers and Realtors the opportunity to expand their real estate portfolios with small commercial loans at a competitive price! Simple, fast and effortless."

For additional information, please visit princetonmortgage.com or contact the Princeton Mortgage corporate office at (609) 737-1000.  You can also e-mail [email protected].

Princeton Mortgage – Founded in 1983, Princeton Mortgage is a licensed mortgage banker and is backed by a 100+ year old multi-faceted real estate brokerage, investment and insurance company. We are positioned as a well-capitalized banker, ranked in the top 1% for customer satisfaction in the nation, debt free and creating dynamic new opportunities within our industry. Our mission is to help people thrive, and we do that by delivering The Effortless Mortgage™. We do what we say we're going to do and back it up with The Princeton Promise: if you're not happy with your experience, get $1,000 back at closing. No strings attached.

Media Contact:
Lisa Torquato
Princeton Mortgage, Marketing
(609) 737-1000 x 218
[email protected] 

SOURCE Princeton Mortgage

Related Links

https://www.princetonmortgage.com