Select Commercial Funding LLC Reviews 46

TrustScore 4.5 out of 5

4.3

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Rated 5 out of 5 stars

My apartment loan was set to mature this month. I had been working with my current lender for the last three months on a new loan. At the last minute, my bank decided that they were not going to pro... See more

Rated 4 out of 5 stars

My wife and I were looking for a special commercial loan to help us maximize cash flow. I found Select Commercial Funding on-line. Of all the companies I spoke with, Stephen Sobin was the only one who... See more

Company replied

Rated 5 out of 5 stars

Thank you Select Commercial! My mortgage on my apartment building matured and needed to be refinanced. I started with the bank that held my mortgage, but they were not lending any longer. I called... See more

Company replied

Rated 5 out of 5 stars

Stephen and his team were great to work with. This was our first time working with Select Commercial and the process went better than expected. Excellent communication throughout the loan process. Hig... See more

Company replied

Company details

  1. Mortgage Broker
  2. Financial Consultant

Information provided by various external sources

The professionals at Select Commercial Funding LLC are commercial mortgage consultants focused on providing the best financing solutions for each deal and every client. We manage every detail of the loan process from start to finish and are proud of the reputation we've established with our clients. We act as your professional commercial real estate loan advisor to help find the optimal financing solutions for you by offering personalized service and custom tailored loan programs to suit your individual needs. From small loans to large loans, we deliver the results that have earned the trust and confidence of borrowers and lenders nationwide. Select Commercial Funding LLC has over 30 years of experience originating commercial mortgage loans and dealing with a wide variety of lenders: banks, insurance companies, conduit lenders, private real estate lenders, credit unions, Wall Street investment banks, Agency lenders, etc. We spend an enormous amount of time maintaining these relationships, which is essential in today's ever changing market. Select Commercial Funding LLC is focused on providing the best commercial mortgage financing solutions for each client’s needs. We analyze the borrower's current situation to determine the best and optimal solution going forward – even if it means recommending alternative financing elsewhere. Our ability to prescreen and underwrite deals in house for viability saves weeks of processing time and leads to faster closings. Select Commercial Funding LLC presents loan packages and loan requests that stand out and get a lender's prompt attention. Our local market knowledge and the ability to identify the right source for each borrower's request has earned us the trust and respect of borrowers nationwide. Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC. Mr. Sobin has over 30 years’ experience in commercial real estate lending. In 1981, he founded State-Wide Capital Corp., one of the leading home equity loan providers in the country. The company was well known through its extensive television, radio and newspaper advertisements promoting its 1-800-DIAL-CASH phone number. In 1995, Mr. Sobin sold State-Wide Capital to Superior Bank FSB, a federal savings bank headquartered in Illinois. Mr. Sobin remained with Superior until 1997 as the President of a mortgage lending division of the bank.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

46 reviews

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Rated 5 out of 5 stars

Thank you!

My apartment loan was set to mature this month. I had been working with my current lender for the last three months on a new loan. At the last minute, my bank decided that they were not going to proceed with my loan. I needed to find a new lender quickly. I found Select Commercial online and reached out to Stephen for help. Stephen was very helpful and responsive. He worked diligently with me to collect the needed documents, processed my loan quickly, and got me approved with time to spare. His rates and terms were better than my bank, and he didn’t require me to sign personally. I am very happy with the service I received and recommend Select Commercial to others. Thanks again!

2 May 2024
Unprompted review
Rated 5 out of 5 stars

Stephen and his team were great to work…

Stephen and his team were great to work with. This was our first time working with Select Commercial and the process went better than expected. Excellent communication throughout the loan process. Highly recommend Select Commercial.

24 April 2024
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks, Michael. It was great working with you!

Rated 5 out of 5 stars

Thank you Select Commercial!!!

Thank you Select Commercial! My mortgage on my apartment building matured and needed to be refinanced. I started with the bank that held my mortgage, but they were not lending any longer. I called a few of my local banks but their rates were very high, and they wanted me to sign personally. I found Select Commercial online and gave them a call. Stephen Sobin was very helpful and was able to offer me a rate that was lower than the local banks were offering. In addition, the loan was non-recourse. I went through the application process and it was pretty smooth – no surprises. I would gladly recommend them to others. Thanks again.

11 April 2024
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

So glad I was able to help! Best of luck!

Rated 5 out of 5 stars

Select Commercial Funding connected us…

Select Commercial Funding connected us with an excellent team at Greystone and we closed on a HUD refinance. It was a long process but with the team we had in place the close was very uneventful! Thanks Daniel for assisting us on our refinance.

29 November 2023
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Glad we were able to close this loan for you. Thanks!

Rated 5 out of 5 stars

I reached out to Select Commercial to…

I reached out to Select Commercial to discuss a potential loan on a deal we were working on. I had initially gone to my local bank but in today’s market they weren’t willing to lend on our property. I searched on Google to find a broker who could help me find a loan. I came across a few different companies including Select Commercial Funding. After reaching out to the team at Select Commercial, they were incredibly responsive. I quickly got a list of what they need to get me a quote. I submitted my documentation and within a day they had a great quote for me. They were professional, attentive and very helpful. I plan on using Select Commercial for my future deals as well!

26 March 2024
Unprompted review
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Reply from Select Commercial Funding LLC

Thanks Michal. Glad we were able to help you!

Rated 1 out of 5 stars

Terrible Communication & Misguided Representation

I reached out to Daniel Sobin to get help for a commercial loan here in New York. He started off very friendly and responsive. I sent him ALL the documents he requested in a timely manner. A day or two after sending him all the requested information I mentioned that my client had an offer (not one that he was going to take, but an offer) as I like to make sure we are all on the same page. He told me within 5 minutes of mentioning that offer to him "that sounds like an offer we cant beat, he should take it". Immediately after that I requested some basic information on what his company could offer because my client was not entertaining the other offer, it was merely just presented to him. I followed up via multiple phone calls and emails to Daniel about what can his company offer or just to even get back to me! I had sent him business tax returns, personal ones, financial statements and after a week of trying to reach him I felt that his fiduciary duty and communication was just atrocious. I feel like I wasted valuable time of my client and mine in trying to get him everything he needed, only to be ghosted by him via email and phone call. I would not recommend going to Daniel because it seems like he is only there to help himself and not the client.

18 March 2024
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

I am the President of the company and I take all reviews very seriously. Thank you for your comments. I reviewed your loan file carefully and I interviewed Daniel at length. Here is what I found: You submitted all of your documents by Friday, March 15th. You emailed Daniel on Monday, March 18th saying that you had another offer. Daniel responded by email that the offer you received was better than anything we could offer and suggested that you accept. The reason that we could not beat that offer was because the borrower's personal tax returns showed losses in 2020, 2021, and again in 2022. Given those losses, and the current lending environment, we did not have a loan program that would work. Daniel responded by email again on Tuesday formally declining the loan, but it appears that his email did not go through. We apologize for any problems with email - our intent was not to ignore you. Daniel is always very responsive and has never been accused of ignoring a customer. Daniel does not earn any money by turning loans down. He is a commissioned salesperson and works hard to make loans! Again, I am sorry that you had a bad experience, but rest assured, this is not how we conduct business.

Rated 5 out of 5 stars

I wanted to thank Stephen all of the…

I wanted to thank Stephen all of the members of Select Commercial Funding LLC for excellent service and professional expertise in the refinancing of two of my residential properties. The team was on time with the commitment and was able to provide my company with a lower fixed rate, we were able to take some equity of of these properties, I would highly recommend Select Commercial funding LLC to help you with any refinancing , I have been in the real estate business for 35 years.

Kenneth C Ryder
President Ryder Development Corp.

8 December 2020
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks, Ken. It was truly a pleasure working with you on these transactions. Looking forward to closing the next loan as well.

Rated 5 out of 5 stars

Third Prime LLC.

Thank you for the time spent working with us through this refinance. We are grateful for the opportunity you gave us to keep investing in our future.

2 October 2020
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Travis! It was a pleasure working with and your family. Best of luck!

Rated 4 out of 5 stars

My wife and I were looking for a…

My wife and I were looking for a special commercial loan to help us maximize cash flow. I found Select Commercial Funding on-line. Of all the companies I spoke with, Stephen Sobin was the only one who could provide what we were looking for; A 30 year amortization with 2 years interest only. I'm thankful for all the hard work he and his company did from start to finish!

5 March 2020
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Ryan. Glad we could help. Best of luck!

Rated 5 out of 5 stars

Texas Refi

I have been in the multi family apartment business for 20+ years and this was the best lending experience I have had.

This was also the best loan terms I have ever received.

Job well done. Highly recommend.

16 February 2020
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Brian. We have thoroughly enjoyed working with you as well.

Rated 5 out of 5 stars

A three year journey

My partner and I contacted Select Commercial approximately three years before making a formal loan application. During that time we were impressed with Stephen Sobin's integrity, knowledge, and thoughtfulness. Rather than rushing us into a premature refinance of our 69 unit apartment complex, he invested time and energy--and trust in us--so that when the appropriate time came we could maximize the benefits of refinancing. Once our application was in process, Stephen could not have been more attentive, informative, and tenacious in shepherding us through. That loan is now 100% done and fully funded. We could not be more satisfied with the entire process and, of course, the end result. Select Commercial and Stephen Sobin: Ace Boon Coon!

29 September 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Joe. It was a pleasure working with you. Always available to help with anything in the future!

Rated 5 out of 5 stars

Dependable and Professional throughout

Thanks Stephen for all of your hard work in getting our deal closed! I appreciate your professionalism and patience throughout a complicated process. You always were there for my partner and I whenever we had questions and needed answers quick. It was a pleasure to have worked with you and Select Commercial!

26 September 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Paul. Glad we got this deal closed! Best of luck!

Rated 5 out of 5 stars

I gad a pleasure to work on a very…

I gad a pleasure to work on a very complicated deal and successfully closed. Very impressive work.Thank you

25 June 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Olga. All the best to you and Mikhail. Good luck!

Rated 5 out of 5 stars

Stephen is a professional.

Dealing with Stephen was fun, informative, and productive. Nicely done Select Commercial LLC! Thanks again, Jody

1 May 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thanks Jody. I had fun too! Best of luck to you and your wife.

Rated 5 out of 5 stars

Great customer service!

The customer service I received from Stephen was great. He answered all of my questions and really helped me out!

9 April 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Pleasure speaking with you, Jason. Let me know if I can help. Thanks!

Rated 5 out of 5 stars

Thanks Stephen for taking the time to…

Thanks Stephen for taking the time to go over all the details of securing a loan with your company. You shed some light on a few things I was unaware of.

9 April 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

My pleasure, Frank. Nice chatting with you. Call if you have any more questions.

Rated 5 out of 5 stars

EXCELLENT!!!

EXCELLENT!!!! Stephen and his team are the best, they are knowledgeable, upfront, timely and most important, honest! Thank you Stephen!!! You have a customer for life.

21 March 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Thank you Omar. It was nice to close another loan with you!

Rated 5 out of 5 stars

Select allowed us to find the right…

Select allowed us to find the right loan for apartment community and avoiding the yield maintenance with many products. Very thorough and helpful throughout the entire loan process.

15 March 2019
Unprompted review
Select Commercial Funding LLC logo

Reply from Select Commercial Funding LLC

Tom - it was a pleasure working with you. Best of luck!

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