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.
