This was a cash out Refinance loan request for a new client.
The borrower had submitted with other lenders but he kept receiving low loan amounts that did not result in enough for them to pay off their current lender and the rates they were getting were too high.
The loan Advisor at ALB quickly saw all the wrong choices and mistakes that were being provided to the client by others. ALB placed the loan with the right lender that allowed us to maximize the borrower's proceeds giving them enough to pay off their loan and put plenty of cash in their hands. Just another example of why ALB should be your go to source for Multifamily & Commercial lending.