Stephanie P.Poster
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What's Hot? US Commercial
With half the year in the books, it's time to recap and see what's been hot.
- BRRRR continues to be our largest loan sector with our low to no seasoning cash out portfolio refinances. Because we don't require any income verification and with no reserve requirement, savvy investors are flocking to our 30 year fixed loans.
- Mixed use has come on strong on the first part of the year with no signs of stopping. Retail with an apartment on the second floor is popular in many cities in the east including Philadelphia, Baltimore and Washington, DC (three very hot markets for us this year)
- 5+ units, a staple for us, is really strong so far this year because we don't need tax returns, don't really care about borrower's experience and don't require seasoning on down payment.
Give us a call to see what we can do for you!
Stephanie
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