This was a purchase transaction that we handled for an investor who was referred to us by the Listing agents with whom we do a lot of repeat business.
The property location and then the loan amount reduced the number of potential loan program options that were available to the investor. Nevertheless, we knew the Top line programs for this deal and our team was well versed in the arduous process that accompanied the best lender for this project.
The client had recently sold a business and was using proceeds towards buying real estate. We placed them in a 7 year fixed program and got the deal closed. Always nice to meet new clients and to help them achieve their goals.