M id A tlantic Real Estate Journal — The Lenders Directory — November 18 - December 22, 2022 — 3D
www.marej.com
T he L enders D irectory
EMIGRANT MORTGAGE (A Division of Emigrant Bank) Emigrant brings a unique underwriting approach to the commercial lending space
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institution, EFC is able to draw upon the vast resources of its parent to make sure borrowers get the funds they need in a timely fashion. Emigrant’s commercial portfolio guidelines include purchase, rate/term refinanc - ing and cash-out refinancing transactions, full documenta- tion loan programs and amor- tization periods up to 30 Years. EFC's full suite of programs and products provide financ - ing options for traditional borrowers, as well as foreign nationals, resident aliens and borrowers with low or no credit
scores. EFC, through Emi - grant Bank, is a participating Small Business Administra - tion (“SBA”) Lender offering SBA (504) Loans. Emigrant’s Commercial Lending Area includes: NY Market* • 5 boroughs • Nassau/Suffolk • Westchester/Rockland • Orange & Putnam NJ/CT Market • New Jersey (All Counties) * • Connecticut (Fairfield County) New England Market • Massachusetts (Barnstable,
Bristol, Essex, Middlesex, Nor - folk, Plymouth, Suffolk and Worcester Counties) Southeastern Market • Florida (Broward, Collier, Hillsborough, Lee, Miami- Dade, Palm Beach, Pasco, Pi- nellas and Sarasota Counties) *EFC's Small Business Ad - ministration (SBA) lending area Emigrant maintains offices in New York (Manhattan, Queens, Long Island and Westchester), New Jersey and Florida. Our Commercial Mortgage Specialist along with our in-house team of
underwriters, appraisers and closers, facilitate prompt deci- sion making and processing of all loan applications. Emigrant’s Small Balance Commercial Lending Program allows for loan sizes up to 5MM. As a portfolio lender, and with features such as no personal debt-to-income ratio, large cash outs, cross-collater- alizations, and deal structur - ing, Emigrant brings a unique underwriting approach to the commercial lending space. Jack Coll is Senior VP and regional manager at Emigrant. MAREJ
migrant Mortgage, a Di- vision of Emigrant Bank (“Emigrant)” through its
affiliate, Em - igrant Fund- ing Corpora - tion (“EFC”), offers port- folio (bank- owned) small balance com - mercial / mixed use
Jack Coll
products for first mortgage financing for most types of com - mercial real estate, including: multifamily apartment houses, mixed-use buildings, retail strips and office properties. As a subsidiary of Emigrant Bank, a 172-year-old New York savings NEW YORK, NY — Basis Multifamily Finance I, LLC (Basis) , a subsidiary of Basis Investment Group, LLC, (BIG) a national commercial real estate (CRE) investment platform founded by CEO Tam- my Jones , announced that Fannie Mae has approved Basis as a DUS (Delegated Under - writing and Servicing) lender. Basis will add the Fannie Mae DUS program to its diversified array of debt and equity prod - uct offerings for its borrowers and partners. The DUS lender approval will strengthen Basis’ reach in the agency lending business and position the firm to build upon its existing multifamily platform. MAREJ approval to provide MF Fannie Mae Loans Basis awarded Fannie Mae DUS
The Lenders Direc-
a section of the MARE Journal Phone: 781-740-2900 www.marej.com
S ection P ublishers Linda Christman lchristman@marejournal.com Lea Christman lea@marejournal.com S ection E ditor Karen Vachon editor@marejournal.com
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