The Commercial Lending Practice Group represents commercial banks, finance companies and other institutional lenders in a wide range of financing transactions. These transactions include acquisition loans, construction loans, private bank facilities and multi-lender participation/syndicated financing.
Banking – Real Estate Closings
The Goodman Law Firm is centrally based in Brooklyn, New York, with offices in Long Island. The Goodman Law Firm is an approved attorney residential settlement agent for the majority of lending institutions in the tri-state area. Jonathan J. Somerstein serves as counsel to lenders, brokers and clients involved in construction, financing and the closing of real estate parcels and buildings.
The firm has been performing mortgage closings for over 10 years which has given us the experience in eliminating the needless delays and formalities such as advance notice or scheduling conflicts commonly seen in settlement offices. The firm recognizes the individual needs of each client and dedicates a support staff to satisfy and fulfill the client’s requirements. The firm is structured to allow the closing process to develop within several specialized departments which include pre-closing and scheduling, document preparation through funding. This enables each client to specifically track the file at any stage of the closing process. The firm is approved to act as closing attorneys for numerous lenders which enables the firm to close residential, mixed-use, commercial, condominium, co-op, F.H.A. and V.A. real estate transactions. Please feel free to contact the firm for a list of lenders we represent.
Lender Representation
The Goodman Law Firm, P.C. has an action-oriented loan scheduling team that works with your staff to ensure that loans are quickly and conveniently scheduled in accordance with lender guidelines. Clients and their borrowers are offered the ability to close at a location outside the office, as may be required to accommodate the clients’ needs. Further, loans are regularly closed Monday through Friday, from 8:00 am to 8:00 pm.
Our staff understands that the closing is the borrower’s last impression of the mortgage salesperson, mortgage broker and lender. Therefore, exceptional effort is made to ensure each and every borrower’s closing experience is positive.