5 Units- Multifamily Property

Another Successfully Funded Loan

  • $341,250
  • 5 Year fixed @ 4.875%
  • Purchase-75% LTV
  • 5 Units- Multifamily Property San Bernardino, Calif.

ASSIGNMENT:

Past Client with whom we had financed an apartment building with in San Bernardino, ended up selling the building and going into an exchange, this subject property was just one of the buildings that she exchanged into. Small bread & butter with upside.

CHALLENGE

Client had racked up some serious debt that was leading to turn downson refinancing of her home, and was hindering her qualifying globally for commercial loans.

SOLUTION:

All debt was paid off in escrow, put clients in better position, achieved 75% LTV on purchase and with all debt paid off they were able to refinance their home and lower their rate.

Contact form:

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ALB Commercial Capital

Office: (626) 296-7777
Toll-Free: (800) 510-2214 Fax: (626) 296-7771
Email: Info@albcommercialcapital.com

Headquarters

2476 Lake Ave Altadena,Ca. 91001

ABOUT US

We are industry experts dedicated to providing our clients the best loan programs, unparalleled service and certainty in execution
Cal BRE License #01379610
www.albcommercialcapital.com

GET IN TOUCH

Adress:

Headquarters
2476 Lake Ave.
Altadena CA 91001 USA

Phone:

Office : (626) 296-7777
Fax : (626) 296-7771

CONTACT FORM

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