Description

ERG Commercial Real Estate is proud to present the recent closing of 3766 Boston Road, Bronx, NY. ERG secured a loan for the borrower at a fixed rate for a 5 year fixed loan, renewable for another 5 years with a 25 year amortization period. The borrower, an owner occupant, was concerned about qualifying for a loan due to being turned down at other institutions. Due to ERG’s network, the bank we worked with not only took on the loan, but also met with the client numerous times to ease their concerns. ERG ensured the process was as smooth as possible and exceeded the client’s expectations.