IndyMac launches commercial lending programMortgagePress.comIndyMac commercial mortgages
IndyMac Bank FSB has launched a commercial real estate lending
program targeted to residential Mortgage Brokers who want to offer
commercial loans. The company's Simple New Application Process is
designed to assist brokers with no commercial experience in joining
Features of the new program include purchases and refinances,
loan amounts up to $5 million, 3- to 10-year hybrid adjustable-rate
mortgages and multifamily and commercial property eligibility.
IndyMac Bank FSB is a savings and loan, as well as an
independent mortgage lender, based in Pasadena, Calif. For more
information, call (800) 669-2300 or visit www.indymacbank.com.