Commercial mortgages and multifamily mortgages brought to you by CFG.  CFG is a real estate finance firm specializing in long-term, fixed-rate, non-recourse mortgages on commercial and multifamily properties nationwide.

******  CLICK HERE FOR IMPORTANT NOTICE REGARDING SOMEONE FRAUDULENTLY USING OUR NAME AND LOGOS *******


 

Home for CFG: Commercial Mortgages and Multifamily Mortgages Home
About CFG About CFG
Products Products
Loan Application Loan Application NEW!
Press Releases Press Releases
Recent
Closings

Deal
Checklist
E-Mail Inquiries E-Mail Inquiries

 

***************
Click here for your discounted personal or business stationery needs

 

May 10, 1999

Celtic Financial Group Announces Application Deposit Refund Program

Judd A. Volk, President of CELTIC FINANCIAL GROUP LLC ("CFG"), today announced a new program which enables borrowers to receive back 100% of the application deposits after their loans are closed.  For a minimal increase in the loan spread, the returned application deposit includes any loan processing fees and the cost incurred for the professional reports (appraisal, engineering and environmental).   Loans are fixed-rate and non-recourse.  The option to increase the spread in exchange for the refund is clearly stated in the application.  It is the borrower's option to choose either the slightly lower interest rate or the refund.  Not all loans qualify for this new program, so please contact CFG for more details on this revolutionary product.

CFG is a national originator of commercial and multifamily real estate mortgages.  CFG provides mortgages for a variety of real estate properties, including multifamily, office, retail, industrial, hotel, self-storage, manufactured housing and assisted living facilities.  CFG offers fixed-rate and non-recourse loans, typically for 10 years or more, with amortization terms ranging from 15-30 years.   Loan-to-values reach as high as 85% on certain transactions, and our rates are very competitive.

CFG has three financing programs covering a wide variety of property types and loan sizes:

  1. Standard Program
    • Covers all asset types
    • Loans starting at $1.0 million, with no maximum
  1. Small Multifamily Loan Program
    • Multifamily properties only, with 5 units or more
    • Loans up to $3.0 million
  1. Small Commercial Loan Program
    • Retail, office and industrial properties only
    • Loans up to $2.5 million

For additional information contact:
Judd A. Volk, President
Celtic Financial Group LLC
60 Cutter Mill Road, Suite 402
Great Neck, NY 11021
(516) 466-0550 · (877) CFG-0550
Fax: (516) 487-5944
Email: cfg@celticfinancial.com
www.celticfinancial.com

Previous Press ReleaseBack ] Next ] Next Press Release

 


Home | About CFG | Products | Loan Application | Press Releases | Recent Closings | E-Mail Inquiries
NEW!

Judd A. Volk, President
60 Cutter Mill Road
wpe6.gif (818 bytes) Suite 402 wpe6.gif (818 bytes) Great Neck, NY 11021
(516) 466-0550
wpe6.gif (818 bytes) Fax: (516) 487-5944

 All transactions where we act as a commercial mortgage broker will be handled under the letterhead of GCP Capital Group LLC

Send mail to deals@celticfinancial.com with questions or comments about this website.
Copyright © 2008 Celtic Financial Group LLC.  All rights reserved.

Last modified: July 19, 2001