• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

13 Units Multifamily

Another Successful Funded Loan

  • $735,000
  • 5 Year Fixed @ 4.500%
  • Purchase-62% LTV
  • 13 Units
  • Multifamily Property
  • San Bernardino, CA


This was purchase transaction for a repeat client. 


We were very familiar with the borrower and we had worked in the past with both the listing agent, selling agent, and Management Company so everyone was in sync.


Placed the client into a program that had very flexible seasoning requirements. Under this program it allowed the applicant to refinance in less than 1 year time, while using a new appraised value. This is a great product when you are buying a property that is considered undervalued. Almost unheard of to be able to cash out all or a good portion of your down payment in less than 12 months.