Our affiliate, FirstService Financial, Inc. (FFI), offers a full selection of financial services exclusively to clients of FirstService Residential companies.
FFI solicits proposals from banks and other lenders throughout the United States to provide new financing or refinancing at the most competitive interest rates and terms currently available.
The programs are not mandatory; however, many clients choose to participate because of the added value FFI delivers based on the global purchasing power of FirstService Corporation.
FFI assists properties in fulfilling their financing requirements with flexibility, certainty and simplicity. The company has facilitated or assisted in loan placements in excess of $1.5 billion for cooperatives and condominium associations. FFI offers:
5, 10, 15, or up to 30 year term loans
Lines of credit converting into fixed rate loans
Variable-rate loans converting into fixed rate amortizing loans
Flexible prepayment provisions
Specially designed for cooperatives and condominiums, designated programs provide above-average interest rates on reserve, capital improvement and escrow accounts.
Industry-leading, affordably priced lockbox service programs provide seamless collections for monthly payments, with coupon, paper ACH and online payment options.
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