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

16 Units Multifamily

Another Successful Funded Loan

  • $920,000
  • 5 Year Fixed @ 3.350%
  • Rate/Term Refinance -26% LTV
  • 16 Units
  • Multifamily Property
  • Anaheim, CA

ASSIGNMENT:

Refinance rate and term.

CHALLENGE:

Rare case of borrowing entity structure not conforming to typical lending standards.

SOLUTION:

Brokered an underwriting compromise with lender that would allow lender to fund loan that meets their guidelines but at the same time, meeting the borrower’s entity structure requirement.