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

20 Units Multifamily

Another Successful Funded Loan

  • $2,285,000
  • 7 Year Fixed @ 4.390%
  • C/O Refinance-53% LTV
  • 20 Units
  • Multifamily Property
  • Long Beach, CA

ASSIGNMENT:

This was a Cash Out Refinance loan.

CHALLENGE:

The borrower required fast closing due to prior commitments and had to go without tax returns.

SOLUTION:

Took the loan to a Stated Lender and expedited every aspect of the loan transaction to fund on time.