12 Units Multifamily
Another Successful Funded Loan
- $2,539,000
- 5 Year Fixed @ 4.100%
- C/O Refinance-71% LTV
- 12 Units
- Multifamily Property
- Torrance, CA
ASSIGNMENT:
This was a Cash Out Refinance loan.
CHALLENGE:
Lack of seasoning made placing the loan difficult.
SOLUTION:
Brokered the loan with a special lender that gave exception to seasoning requirement.
