Apartment & Commercial Loans
Niche multi-family and commercial property
program offerings throughout Southern California.
Insignia Mortgage specializes in niche multi-family and commercial property loans that are custom-tailored for borrowing scenarios that require a specific understanding of the local Southern California marketplace.
- Interest-only multi-family financing up to 60% loan-to-value (LTV).
- 5/1, 7/1 and 10/1 ARM.
- Access to regional banks & credit unions with local property expertise.
- Lines of Credit (LOC) up to $5 million.
- Bank sourced short-term bridge loans: Prime + 2%
I have done business with Chris Furie for over 20 years and I look to Chris and Damon to source financing on my most complex transactions that require an out-of-the-box lending solution.
Kurt Rappaport, Westside Estate Agency, Wall Street Journal #4 Ranked Realtor 2013
I want to thank you for your help in getting me my loan. You not only got me a great loan that I’m very happy with, but you stayed on it from beginning to end and made me feel very comfortable through the process. You are the best in the business and I would suggest you to anyone buying a house.
Jay Luchs, Newmark Grubb Knight Frank
For over 14 years, I have used Chris’ services to obtain mortgage loans for many of my high-end clients as well as my own mortgage needs. He consistently provides the best terms and rates available in the market place. I will continue to recommend him to my friends and clients in the future.
Joyce Rey, Executive Director Coldwell Banker Previews International
Chris is highly attuned to the needs of the borrower and tailors his loan recommendations accordingly. No matter how complex the terms may be, I can always count on Chris to deliver my clients the best deal possible, on time and without fail.
Jade Mills, Estates Director Coldwell Banker – Beverly Hills
New 5/5 ARM Program
$8 million investment property purchase with 62.50% lender financing.
Insignia Mortgage underwrote the cash flow and approximate net equity in the borrower’s real estate holdings as well as verified down payment from several business bank accounts, including foreign bank holdings. The loan was made to a Limited Partnership with a foreign national as the general partner. The escrow closed in under 40 days.
The Loan Details
- $5 million dollar line of credit
- 2 year term
- Prime + 1.2550%
- Interest Only
- No prepayment penalty
- 30-day close of escrow