Looking for a good lender in Quincy Illinois to refinance commercial mixed use and MF

[James Jeffery]

Hi, I am looking for a lender to refinance a mixed use property in Quincy at 55% of value . Loan amount is 1M and property produces 180K of net operating income. Also have three small multifamily deals there totalling 1M that need to be refinanced and are also at low LTV's. Anybody know of a good lender for Quincy Illinois. Credit is high 600's/

[Connor Hibbs]

Hi James,
55% LTV shouldn't be a problem for financing on these types of properties. I'd love to connect and get you some rough terms to give you an idea of what this type of loan would look like.