New feature gives borrowers opportunity to lower monthly payments and increase cash flow
Coral Gables, FL – June 3, 2019 – Silver Hill Funding, LLC (Silver Hill), a national small-balance commercial mortgage lender, today announced the addition of an interest-only option to their popular 30-year fixed rate solution for commercial real estate loans.
With this new addition, borrowers can choose to make only interest payments for the first 5 years of their 30-year fixed rate loan. Following the initial 5-year, interest-only term, the loan then transitions to a 25-year amortization schedule.
“We’ve enjoyed hearing the positive feedback from both originators and borrowers regarding our 30-year fixed rate product,” said Vice President and National Sales Manager, Juan Barcelo. “Broadening our offering to include an interest-only option is evidence of our commitment to providing solutions that make sense for a wide range of investors and business owners.”
Silver Hill’s interest-only loans are expected to appeal to borrowers looking to lower payments and maximize cash flow during their loan’s initial term.
Originators are invited to use the Silver Qualifier Mortgage Calculator* to learn how Silver Hill’s newest loan option can meet their clients’ commercial mortgage needs.
For questions about Silver Hill’s programs, call 888-988-8843 or email firstname.lastname@example.org.
About Silver Hill Funding
Silver Hill Funding, LLC is a national small-balance commercial mortgage lender offering financing from $250,000 to $5,000,000, on commercial real estate including multifamily, mixed-use, office, retail, light industrial, self-storage, warehouse, automotive, mobile home park, daycare center, bar, and restaurant property types. Together with its partners, Silver Hill Funding helps small business owners and investors finance the opportunities that drive the financial strength and quality of life in their communities. Visit www.silverhillfunding.com or call 888-988-8843 for licensing and more information. Equal Housing Lender.
Silver Hill Funding, LLC programs are offered to qualified commercial lending institutions and are not applicable to the general public and/or individual consumers. This information is for lending institutions only, and not intended for use by individual consumers or borrowers. Programs may be cancelled or modified at any time without any prior notice. Programs may not be available in all jurisdictions.
*Results of this calculator and any generated term sheets are intended for estimation only. This is not an approval or commitment to lend and only intended to provide a broad estimation. Actual payments and interest rates will be calculated by silver Hill after submission of a loan application and all other required documentation. Silver Hill Funding programs are offered to qualified commercial lending institutions and are not applicable to the general public and/or individual consumers. This information is for lending institutions only, and not intended for use by individual consumers or borrowers. Programs may be cancelled or modified at any time without prior notice. Programs may not be available in all jurisdictions. These materials are intended to provide general information to the reader.