"This is another step in filling a need for investors and business owners, while helping brokers diversify their mortgage business – especially timely now, as residential refinancing is expected to decline in 2016."
Coral Gables, FL (PRWEB) January 07, 2016
Silver Hill Funding, a direct small-balance commercial mortgage lender and division of Bayview Loan Servicing, LLC, is now accepting applications nationwide for small-balance commercial mortgage loans from $250,000 to $1 million. Silver Hill has been accepting loan applications in Florida since November, when the company announced its re-entry to the small-balance commercial real estate lending space.
“We are pleased to make our financing solutions available across the country, as we continue to address the underserved small-balance commercial mortgage market for loans up to $1 million. This is another step in filling a need for investors and business owners, while helping brokers diversify their mortgage business – especially timely now, as residential refinancing is expected to decline in 2016,” said Michael Boggiano, Senior Vice President – National Sales Manager for Silver Hill Funding.
Silver Hill Funding utilizes a common-sense, global underwriting approach for both investor and owner-occupied commercial real estate loans. Financing is available with terms of 5, 7, and 10 years; amortizations up to 25 years; loan-to-value ratios of up to 75 percent; flexible prepayment options; and unlimited cash-outs.
Silver Hill’s team is experienced in funding over 35,000 transactions, having first introduced the niche of small-balance commercial lending in 2004. The lender is again working with mortgage brokers to source and finance viable commercial real estate projects.
“Our solutions are a good match for creditworthy borrowers who have a story, but may not be able to find what they need through their bank or other sources,” said Boggiano. For more information, call 888-988-8843, or email info(at)silverhillfunding(dot)com.
About Silver Hill Funding
Silver Hill Funding is a national small-balance commercial mortgage lender offering financing from $250,000 to $1,000,000, on commercial real estate including multifamily, mixed-use, office, retail, light industrial, self-storage and warehouse property types. Together with its partners, Silver Hill FundingSM helps small business owners and investors finance the opportunities that drive the financial strength and quality of life in their communities. Silver Hill FundingSM is a division of Bayview Loan Servicing, LLC, a top-rated residential and commercial mortgage loan servicer and lender. Bayview Loan Servicing is a subsidiary of Bayview Asset Management, LLC, a full-service mortgage investment firm with expertise in building and managing mortgage loan portfolios for over 20 years. Visit http://www.silverhillfunding.com or call 888-988-8843 for licensing and more information. Equal Housing Lender
Silver Hill Funding programs are offered to qualified commercial lending institutions and are not applicable to the general public and/or individual consumers. This information is for lending institutions only, and not intended for use by individual consumers or borrowers. Programs may be cancelled or modified at any time without any prior notice. Programs may not be available in all jurisdictions. Licensing information may be found at http://www.bayviewloanservicing.com.