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

11 Units Multifamily

Another Successful Funded Loan

  • $1,650,000
  • 5 Year Fixed @ 4.3%
  • C/O Refinance-75% LTV
  • 11 Units
  • Multifamily Property
  • Inglewood, CA

ASSIGNMENT:

Cash Out Refinance.

CHALLENGE:

75% LTV was required to make the refinance work without money in to close. No lender wanted to give borrower that much LTV.

SOLUTION:

ALB found the lender to place a 75% LTV loan on the property.