In order to meet the growing demand for commercial/multifamily loan products, ""AmVest Capital, LLC"":http://www.amvestonline.com/, a Charleston, South-Carolina-based provider of[IMAGE]
financial services and solutions to community and regional banks nationwide, has formed a new partnership with ""Arbor Commercial Mortgage"":http://www.arbor.com/, a New York-based national direct lender.
""We are very pleased to partner with AmVest to offer our vast product line and pride ourselves in delivering swift
[COLUMN_BREAK]execution and first-class customer service,"" said John Caulfield, EVP and director of operations for Arbor. ""We look forward to providing direct and seamless lending to AmVest and its growing client base.""
By teaming up with Arbor, AmVest will now offer a complete line of Fannie Mae Delegated Underwriting & Servicing (DUS) products to its group of more than 100 banks across the nation. Loan amounts will begin at $1 million, with no maximum.
""This new partnership allows AmVest to respond to the strong need of our bankers for off-balance sheet commercial/multifamily loans,"" said Mark Kelley, CEO of AmVest. ""Arbor's market presence as a top ten Fannie Mae DUS lender allows us to provide direct lending access along with the highest levels of execution and customer service in the marketplace.""
According to AmVest, this new multifamily product line will complement its existing product offering, which includes FDIC expanded insurance, cash/treasury management, loan and portfolio purchases, and credit card services.