35 Units Multifamily
Another Successful Funded Loan
- $6,100,000
- 5 Year fixed @ 3.25%
- Purchase-70% LTV
- 35 Units
- Multifamily Property
- Torrance, Calif.
ASSIGNMENT:
Purchase transaction for a real player in the market. Just another building that was being added to their big portfolio.
CHALLENGE:
The biggest challenge was the enormous amount of paperwork that accompanied this clients tax returns.
SOLUTION:
Our processing team got to work and the loan officer structured a great 5 year fixed at a ridiculously low interest rate. Client was happy.
