Largo has been in business for 25 years and has closed in excess of $21 billion in commercial loans. Largo houses a $1 Billion servicing portfolio. Largo has access to numerous capital sources through its network of correspondent lenders, and its trained staff will work hard to ensure that you are getting exactly what you are looking for.
We offer a variety of commercial real estate financing options, including permanent financing, mezzanine financing, bridge financing and more. Our correspondent lenders have years of experience with many different property types, from multifamily to retail to offices and self-storage facilities.
What is a Correspondent Lender?
An institution that utilizes the resources of a mortgage banker to lend in a particular region.
What does a Correspondent Mortgage Banker do?
Prepares the financial package. Underwrites the loan. Facilitates the closing. Services the loan.
Why should I use a Mortgage Banker?
Industry knowledge and experience in preparing financial packages, which will result in the best outcomes for borrowers.
Why wouldn’t I use a Mortgage Banker?
No reason. A Mortgage Banker with Correspondent Relationships is just like walking in to your local bank, only you have more options.
What advantages do I have using a Mortgage Banker?
Loan is exposed to high quality competitive institutional investors, which will provide alternative financing options.
What property types are institutional investors interested in?
All income producing properties: Hotels. Industrial. Manufactured Housing. Mixed-Use. Multifamily. Office. Retail. Self-Storage. Student Housing. Warehouse.