Wellington Associates Services

We can help you obtain funding for all your financial needs, whether you need construction, mezzanine, interim or permanent financing. Properties we specialize in are: mixed used, single tenant, multi tenant, retail, apartments, condos, offices and hotels. From our experience working and developing strong relationships with banks, credit unions and other financial institutions; we have developed these criteria for our clients. Making you aware of these general requirements that lenders ask for will aid us in helping you speed up the process of achieving your financial goals.

Our criteria for applicants are as follows:

• The property must be in the greater New York City vicinity
• The loan amount be greater than a half million dollars ($500,000 minimum)
• You must own or be in contract to purchase the property
• Have a credit score no lower than 610 (we will assist in running credit scores  for you should you not know your score)
• Additional financial documentation may be required depending on the type of loan being applied for. Documentation such as: Rent rolls, income statements, balance sheet, 2 year income tax returns.