At Miel Financial we understand that every deal, like every building, is unique. Our real estate banking professionals examine a transaction from the all sides, understanding your current position, immediate needs and long-term goals. Miel Financial professionals understand that the right financing can turn a building into a viable, profitable property. Our Commercial Real Estate department work with our clients on all types of commercial mortgages. The majority of our clients are looking for a permanent, long-term, fixed-rate financing. Miel Financial provides permanent fixed rate financing for loan amounts of $500,000 and up with maturities of up to 30 years amortized over 25 or 30 years, recourse and a non-recourse basis depending on the deal details.
Commitment
Miel Financial has substantial resources to finance real estate projects and real estate developers.
We have substantial capacity to accommodate your project's finance requirements.
Expertise
Underwriting is individually structured for each project.
Our experienced and dedicated professionals utilize a streamlined approval process, resulting in quicker turnaround times for you.
Onsite processing and servicing staff helps you meet critical deadlines by providing documentation quickly and efficiently.
Getting Started
As a valued client, you deserve the resources and one-on-one personal attention you can find only at Miel Financial. You can call us or email us and one of our team members will be happy to assist you.
Our Loan Process
1. Submit Business Plan / Executive Summary
2. Pre-qualification determination process - project is reviewed and evaluated resulting in:
- The project being accepted
- Proposed revisions being issued for the project
- The project being declined
3. Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
4. Due-Diligence document checklist of typically requested data is prepared and sent to client
5. Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor and formal due-diligence commences
6. Term Sheet/Conditional Commitment and/or Firm Commitment issued (Term sheet could be issued in one week)
7. After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
8. Closing | Capitalization | Funding