Summit Real Estate Financing

Summit Real Estate Financing

SF
Company Profile

Summit Real Estate Financing

New York, United States of America

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Overview

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About

About Summit Real Estate Financing Summit Real Estate Financing is a correspondent mortgage lender for Morgan Stanley, NA, specializing in no-origination-fee mortgage loan brokerage services for self-storage owners. Summit is compensated directly by Morgan Stanley, and no exclusivity agreements are required. We offer aggressive, non-recourse, fixed-rate mortgages with 5-, 7-, and 10-year balloon loan terms. Our acquisition financing covers up to 75% loan-to-purchase, while cash-out refinance loans are available up to 70% loan-to-value (LTV)—with no limit on cash-out amounts. Additionally, we provide 100%+ loan-to-cost financing, even for owners with less than 12 months of ownership, using trailing one-month revenue underwriting. Standard amortization options include 30-year schedules or partial-to-full-term interest-only payments.

Address
51 Saint Nicholas Ave Suite 600, New York NY 10026, United States of America

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