Multifamily Commercial Lenders - Cleveland, OH

Multifamily Commercial Lenders - Cleveland, OH

Rental Property Investor · Cleveland, OH · Member since 2018 · 4 posts · 4 votes

Does anyone know any good multifamily commercial lenders in the North Eastern Ohio area? Would love to build a relationship with a good lender as we have capital ready for funding.

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Lender · Member since 2022 · 14 posts · 8 votes
1y

Hey Cole, I'm located outside Cleveland myself and actively invest there as well. We have a ton of products available from residential to commercial, both long term and short term/construction. Feel free to reach out anytime and I'd be happy to see how we can help!

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  • Denver McClurePro Member
    Financial Advisor · Flower Mound, TX · Member since 2018 · 659 posts · 479 votes
    1y

    Hey @Cole Beeby, feel free to PM me. I have several that could be a good fit!

  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    1y
    Quote from @Cole Beeby:

    Does anyone know any good multifamily commercial lenders in the North Eastern Ohio area? Would love to build a relationship with a good lender as we have capital ready for funding.


     Park National Bank and Union Savings Bank would be good options

  • Lender · Member since 2022 · 14 posts · 8 votes
    1y

    Hey Cole, I'm located outside Cleveland myself and actively invest there as well. We have a ton of products available from residential to commercial, both long term and short term/construction. Feel free to reach out anytime and I'd be happy to see how we can help!

  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    1y

    Feel free to connect with me. Just got a client 70% LTV @ 7.25%, interest only payments & qualifying on the interest only payments. 40-unit. 

    He picked that over an amortizing option with a rate in the low 6s b/c qualifying at i/o meant his loan amount could be $700k higher. 

    My job is to put difficult choices like that in front of my client. 

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