Atlantic Beach, NY -- (SBWIRE) -- 11/14/2014 -- Selectcommercial.com announced on Thursday, November 13th, the closing of a $2,650,000 refinance of a 206 unit apartment property located in Fort Wayne, Indiana. The borrower refinanced his existing loan for a lower rate and obtained a new 15 year self-liquidating fixed rate mortgage.

Stephen A. Sobin, president of Selectcommercial.com provided the Indiana borrower with the loan.

Selectcommercial.com specializes in Apartment Building loans and commercial mortgage loans nationwide.

About Select Commercial Funding LLC and President Stephen A. Sobin
Stephen A. Sobin, has over 25 years of mortgage banking experience. His understanding of the market, underwriting skills, and in-depth knowledge of lender’s requirements guarantee that our clients receive the very best terms available in the market.