$2,340,000 Investor Office Building Cash-out Refinance Loan Notes: Borrower refinanced into a lower rate loan 80% LTV financing $500,000 cash out No tax returns, financials, etc. Secured a 5 YR fixed @ 6.875% 34 day...
$790,000 Multifamily Cash-Out Refinance Loan Notes: Borrower needed to pay off a short-term bridge loan 5-unit apartment building No financials, tax returns or 4506T required Closed in 45 days Referral source made...
$750,000 Owner-occupied Retail Building Cash-out Refinance Loan Notes: Borrower needed to payoff several tax liens 75% LTV financing Business bank statements program Was able to secure 8.375%, 5 year fixed financing Broker made $15,000 40 day...
$540,200 Multifamily Purchase Loan Notes: Borrowers were out of state investors with 1031 money 75% LTV financing Full doc program Qualified on market rent DSCR 1.1x+ Was able to secure 6.875%, 5 year fixed financing Broker made $10,840 35 day...
$720,000 Owner-occupied Restaurant Cash-Out Refinance Loan Notes: Needed cash out for other investments Restaurant in business for 7 years Qualified under the Bank Statement program No financials, tax returns or 4506T required Closed in 40 days Broker made...
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