Wellesley, MA – Sidney J. Spiegel, vice president of NE Moves Mortgage, Commercial Division, arranged a $775,000 construction loan for the construction of a single family spec house in Wellesley. The loan was funded by a Major Regional bank.
The funds will be used to provide acquisition and construction financing for the property. The Lender recognized the strength of the Wellesley market and felt comfortable proving spec construction.
NE Moves Mortgage works closely with union pension plans, insurance companies, conduits, commercial banks, and local savings banks to provide competitive rates and terms for all types of commercial real estate.
NE Moves Arranges $775,000 Loan
Wellesley, MA – Sidney J. Spiegel, vice president of NE Moves Mortgage, Commercial Division, arranged a $775,000 construction loan for the construction of a single family spec house in Wellesley. The loan was funded by a Major Regional bank.
