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Brokerage
Posted: March 1, 2016
Arbor named top Freddie Mac Small Loan Lender
Uniondale, NY Arbor Commercial Mortgage, LLC, a national, direct commercial real estate lender, was recently named one of the first-ever Freddie Mac Top Small Balance Multifamily Loan Lender. Arbor received the designation by originating one of the largest Freddie Mac Small Balance Loan volume in 2015, the first full year of existence for the new Freddie Mac loan product. The company attributes its achievement of the designation to its small loan expertise, personalized customer service for small and large loan borrowers and certainty of execution through such innovations as its new platform Arbor LoanExpress (ALEX) platform.
“We are extremely proud of this accomplishment and our rapidly growing business partnership with Freddie Mac, led by the Freddie Mac Small Balance Loan program,” said Ivan Kaufman, Arbor’s chairman and CEO. “This distinction is a reflection of Arbor’s long-term dedication and commitment to the small multifamily loan market. Our focus on small loans began nearly 20 years ago, as we were the first firm to partner with an agency on a small loan pilot program. More recently, we assisted Freddie Mac in its development of the new Small Balance Loan product, which took the small balance market by storm in 2015 and became a leading product, meeting investor’s unique small balance financing needs. We look forward to helping advance the rapid growth momentum of the new product in the many years to come.”
“As one of our first three Small Balance Loan lenders that helped us develop the product, we are pleased to name Arbor as our first-ever Top Small Balance Loan Lender in 2015” said Steve Johnson, Freddie Mac’s senior director of small balance lending. “In serving the critical small loan market with their long-standing expertise, Arbor delivers consistent service and reliable execution, treating small loans with the same importance as large loans. We look forward to continuing our partnership with Arbor and applaud their continued commitment to the small loan market and to multifamily borrowers in every market, every day.”
Arbor’s commitment to the small loan market was recently enhanced through the unveiling of Arbor LoanExpress, an online loan origination and processing platform designed to make multifamily financing easier and quicker for borrowers, brokers and correspondent lenders.
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