With our Conduit (CMBS) Financing we offer some of the most aggressive underwriting and loan terms available in the marketplace. Conduit Loans are loans that are originated, pooled with other loans, rated by rating agencies and ultimately used as security for bonds - providing access to an almost endless pool of capital.
Along with the benefits of the Conduit Loans comes additional scrutiny, underwriting, documentation and various loan restrictions. It is important to understand the program and the process and to work with a firm that understands which option best works for you and your transaction.
If you don't know what a CMA is, or who required it - or when you need 100% of all SNDA's - or what an SNDA is - or what is Defeasance, or who limits legal expenses and who to avoid, be certain that you work with a reputable Mortgage Banker who does. ALL CMBS Lenders are not equal - most have their particular strenghths as well as requirements. There is more to a transaction than just the price - there is the reality of getting the loan completed on the terms you applied for - and within the time you need. There are some properties or markets that just will never fit the mold at a particular point in time - but there are also some firms willing to tell you anything and hope they might get lucky.
Catalina Mortgage has been originating Conduit Loans since the concept originated in the early 1990's to restore capital to the Commercial Lending Environment. We can offer our experience in understanding and managing the process and making certain that you are in the right place for your project.
We would appreciate the opportunity to serve you in obtaining your Conduit Loan.
AZ cbk 0908420
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