$1,262,000 Office Cash-Out Refinance

Loan Notes:

  • Borrower unable to secure prompt bank financing
  • Owner occupied 100% of
  • Stated Owner-occupied program
  • Qualified on market rent DSCR 1.1x+
  • 80% LTV
  • No financials, tax returns or 4506T required
  • 5-year fixed loan term and 30-year amortization
  • Broker made $18,930