Hermosa Beach, CA

$820,000 Retail Cash-Out Refinance

Loan Notes:

• Retail / office owner-occupied property
• Bank turn down due to lack of business income
• Qualified under the Bank Statement program
• Max LTV cash-out allowed
• Quick closing that allowed borrower to take advantage
  of another investment opportunity
• 5-year term and 30-year amortization
• Broker made $9,700