At Cohen Financial Group, we provide our clients with competitive solutions for a variety of real estate lending needs, including:
In addition, Cohen Financial Group provides the following services to you and your clients at no charge:
PRE-QUALIFYING FOR PURCHASE TRANSACTIONS
- Cohen Financial Group will evaluate and issue a pre-qualifying letter for your clients and their agents within thirty minutes of the request. Pre-approving your client has become fundamental to the real estate industry. Due to increased market activity, clients who are pre-approved can now enter into a purchase transaction with no financing contingencies. Cohen Financial Group also offers loan approval prior to the property selection, if requested
TITLE INFORMATION
- Property profiles
- Legal descriptions
- Current vesting, Change of vesting, Trust vesting
- Discounts on title with one of the major title companies
CREDIT INFORMATION
(with signed authorization)
- TRW reports for loan pre-approval
- Credit profiles
- Assistance in correcting erroneous credit with the major reporting bureaus
APPRAISAL INFORMATION
- Provide detailed comparable listings to assist with establishing value for refinance, purchases, and estate planning from a licensed appraiser
REAL ESTATE LENDING PRODUCTS AND SERVICES
Traditional Loans
- Purchase, Refinance, and HELOC solutions
- Loans available up to $5 million
- 100% Purchase Programs
- Bridge/Swing Loans
- No-Income Documentation Loans
- FHA/VA Loans
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Commercial Loans
- Commercial loans and lines of credit
- Commercial mortgages for owner-occupants and investors
- SBA financing
- Industrial Development Bonds
- Investor lending programs
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Construction Loans
- New owner-occupied construction loans
- Loans for expansion or rehabilitation of an existing facility
- Construction financing is interest only for up to 2 years. Upon property completion, the loan will convert to an amortizing permanent loan.
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Multi-Family/Apartment Loans
- Acquisitions, refinances, and new construction
- Learn more about our multi-family/apartment lending program here.
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Reverse Mortgages
A reverse mortgage is a loan against the equity in the home that provides tax-free cash advances, but requires no payments during the term of the loan. Since there are no monthly payments during the life of the loan, the balance grows larger and the equity gets smaller.
The loan is not due and payable until the borrower no longer occupies the home as a principal residence, e.g., the last surviving borrower sells, moves out permanently or passes away.
You must be at least 62 years old and own your own home or condominium in order to qualify for a reverse mortgage. There are no income or credit requirements to qualify. Based on the amount of benefit which you qualify for, you may be eligible for a reverse mortgage even if you still owe money on your first mortgage.
Contact Mark Cohen at 310.777.5401, or by email for more information.
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