Chance to Finance - Community Investment Corporation
If you are looking to finance 5 units or more in Chicagoland, you may want to consider Community Investment Corporation (CIC). CIC has provided over $1 billion in financing since 1984 and remains one of the most active lenders in today’s commercial real estate market. CIC has financed distressed properties for borrowers with good credit and a successful track record and also can provide rehab financing in the form of a construction loan at prime plus 3%. Currently, CIC is offering 5.5% as an initial rate with a 1.25 debt coverage ratio, at an 80% LTV or LTC (whichever is less), 20-25 year amortization schedule on a 20-year term, 3 or 5 year ARM. For more information, please contact Michael Bielawa at 312-870-9922,firstname.lastname@example.org.