Mortgage Loan Originator Roman Kaziev recently successfully closed an intricate re-financing mortgage for a buyer who was seeking to secure financing for a commercial co-operative for her private medical practice.
The homeowner currently owns her single-family, primary residence based in Forest Hills, Queens, New York. Roman felt it was vital to educate the client who faced being turned away by non-commercial mortgage lenders. Before turning to MortgageDepot, the client went directly to a retail bank. The result was a much lower loan amount and most importantly no knowledge in financing commercial coops. Roman’s efforts secured a higher loan amount versus that of a retail bank., which in turn resulted in much better terms!
This educational process required extensive research to match the homeowner with the best mortgage product that would allow for a maximum cash-out to refinance and subsequently purchase the commercial co-op space for her medical practice. MortgageDepot’s efforts were so successful on this client’s behalf that she is also financing the purchase of the co-op with a separate mortgage from our firm!
Each of MortgageDepot’s clients receives individualized services to secure the optimum financing available for their mortgage needs. Roman’s dedication to keeping his clients informed about the mortgage process is why MortgageDepot is your go-to mortgage broker. If you are looking to buy, sell or refinance your home, condo, co-op, or business, contact us today at 800-535-0270.