18 Units Multifamily
Another Successful Funded Loan
- $2,530,000
- 7 Year Fixed @ 3.470%
- C/O Refinance-69% LTV
- 13 Units
- Multifamily Property
- Van Nuys, CA
ASSIGNMENT:
This was a Cash Out Refinance.
CHALLENGE:
The borrower needed to Cash Out Refinance during the COVID Pandemic. They could not get financing that catered to his loan amount request.
SOLUTION:
ALB funded the loan with a lender that gave him the maximum loan via DCR and was able to get $1,000,000 Cash Out.
