24 Units Multifamily
Another Successful Funded Loan
- $1,8500,000
- 5 Year Fixed @ 5.905%
- C/O Refinance - 43% LTV
- 24 Units
- Multifamily Property
- Lakewood, CA
ASSIGNMENT:
Refinance loan adjusted & matured. This is the sister property to another refinance completed at the same time.
CHALLENGE:
Locking in at lowest rate & Investor wanted to maintain cashflow with current rate market.
SOLUTION:
Locked in at below 6.25% market rate with all 5 years of interest only payments maintaining better or same cashflow per month.
