Real Estate Investment Banking

Real Estate Investment Banking (REIB) is an integral part of our commercial real estate mortgage lending business. We maintain both direct and indirect correspondent lending relationships with the industry's strongest and most aggressive investment banking firms, conventional and conduit lending sources, insurance companies, reits and private investors.

We focus on deals $3,000,000 and up across all property classes; those under $3.0MM can be financed through our core products. (See Loan Programs)

REIB Loan Programs

Commercial

• Loan Amounts from $100,000 to $10,000,000
• Up to 90% LTV with a 700 Minimum Average FICO
• Up to 30-Yr Fixed Period
• No Multifamily Units with this program

Conduit

• No Impound Replacement Reserves
• No 10-year "Bullet"
• No Excessive 3rd Party Costs
• No Fitch Constant Constraints
• No Borrower Legal Opinions

Express

• Fast Closings
• Loan Amounts from $100,000 - $3,000,000
• Up to 95% CLTV
• No Personal Debt Ratios
• No Tax Returns
• No VOE

Interest Only

• Increased Cash Flow
• Multifamily Units Only
• Minimum 680 Minimum Average FICO
• Interest Only during the fixed term only

Market Rent

• Maximum proceeds Based on Market Rents
• Up to 80% LTV

Multifamily

• Loan Amounts from $500,00 - $10,000,000 Nationwide
• Up to 85% LTV with Mezzanine Financing
• Up to 80% LTV Purchase and Rate and Term Refinance
• Up to 75% Cash Out Refinance
Apartments 5+ Units
• Mixed Use 6+ Units
• Mobile Home Parks 15+ Units
• Seller Carry Backs are Allowed up to 10%

No Doc / No Ratio

• Stated Income
• Stated Assets
• No IRS 4506
• No Tax Returns
• No Pay Stubs
• No No W-2's

Owner Occupied

• Loan Amounts from $100,000 - $5,000,000
• Up to 90% LTV with a 700 Minimum Average FICO
• Up to 30-Yr Fixed Period
• No Multifamily Units

Standard

• Best Pricing
• Best Rates
• More Flexible
• Non-recourse with standard carve-outs available at lower LTV

REIB Loan Submissions

1. Click here to download our Commercial Mortgage Loan Request Form

2. FULLY complete a Personal Financial Statement and a 1003 on the borrower

3. Complete the appropriate property type Commercial Mortgage Application:

    Multifamily (5+ Units)
    Mobile Home Park
    Self-Storage Units
    Industrial
    Retail
    Office
    Hotel

4. Fax the Loan Request Form, Tri-Merged Credit Report, Personal Financial Statements and Commercial Mortgage Application to (215) 361-3009. Or attach the forms to an email and send to REIB@northpennfinancial.com

For general questions or pricing, call us at (215) 361-6900, or email us at REIB@northpennfinancial.com