Recently Closed Loans
Homewood, IL
Loan Notes:
- Office building in Homewood, IL
- No tax returns needed
- $ 500,000 loan amount
- Cash out for other investments
- Only needed 6 months of seasoning
- 28 day close
Kansas City, MO
Loan Notes:
- 8-unit apartment building
- No tax returns needed
- Property located in Kansas City, MO
- $250,000 loan amount
- Cash out to pay off bridge loan
- Low DSCR of 1.06
- Broker made $ 3,750
Tampa, FL
Loan Notes:
- 6-unit retail building in Tampa, FL
- No tax returns needed
- $ 498,000 loan amount
- Rate and term to payoff expiring loan
- Property had deferred maintenance
- Broker made $ 9,960
Philadelphia, PA
Loan Notes:
- Owner-occupied purchase transaction
- Qualified using 12 months business bank statements
- $392,000 loan amount
- 70% LTV
- 35 day close
- Broker made $5,880
Homewood, IL
Loan Notes:
- Office building in Homewood, IL
- No tax returns required
- Cash-out refinance of $820,000
- 80% LTV
- 35 day close
- Received cash out of over $300,000
Virginia Beach, VA
Loan Notes:
- Owner-occupied, no tax returns
- Retail building in Virginia Beach, VA
- $ 1,120,000 loan amount
- Cash-out refi for working capital
- 80% LTV
- Qualified using business bank statements
Chicago, IL
Loan Notes:
- Office building in Chicago, IL
- No tax returns required
- Cash-out refinance of $360,000
- 80% LTV
- 180 day seasoning
Ontario, CA
Loan Notes:
- Owner-occupied, no tax returns
- Restaurant in Ontario, CA
- $1,680,000 loan amount
- Cash-out refi for other investments
- 80% LTV
- Qualified using business bank statements
