Closing

Q1 | How soon can you close a deal?

Typically we close on the deal anywhere from 2-3 weeks, however sometimes even sooner based on the needs of the client.

Q2 | Does your loan program allow partial prepayment or full redemption without any penalty?

Most lenders impose a lockout or a very steep pre-pay (defeasance) that makes it impossible to refinance the loan in the first several years of the transaction. We never impose a lockout or utilize defeasance. Each of our transactions is structured to fit the needs of the particular borrower.