CBA Commercial finalizing agreement with GMACMortgagePress.comCBA Commercial,GMAC
CBA Commercial LLC (CBAC), a Stamford, Conn.-based commercial
mortgage finance firm specializing in the purchase and
securitization of small-balance multifamily, commercial and
mixed-use mortgage loans, announced that it is finalizing an
arrangement with GMAC Commercial Mortgage Corporation (GMACCM) to
participate in the CBAC Authorized Lender Program.
The CBAC Authorized Lender Program features loan amounts from
$100,000 up to $3,000,000; multifamily, office, retail, light
industrial and mixed-use property types; full and stated
documentation; average FICO scores of 675; two-, three-, five-,
seven- and 10-year ARM products (fixed period—then resets to
six month LIBOR); 30-year final maturities and 30-year
"Our CBAC team is thrilled to welcome GMAC Commercial Mortgage
Corporation, a leading originator and the industry's largest
servicer of commercial mortgages, as a participant in our CBAC
Authorized Lender Program, and we are energized at the prospect of
working together with them to expand our small balance commercial
mortgage loan program," said Craig Knutson, executive vice
president of CBA Commercial. "We view this partnership as a
validation of our efforts to provide a simplified and streamlined
process to originate small balance commercial mortgage loans."
For more information, visit www.cbaloans.com.