5 Units Multifamily
Another Successful Funded Loan
- $1,000,000
- 5 Year Fixed @ 3.600%
- C/O Refinance-64% LTV
- 5 Units
- Multifamily Property
- Los Angeles, CA
ASSIGNMENT:
This was a cash out refinance loan request that we were competing on with other firms for the deal.
CHALLENGE:
The prior year's financials were weak on the subject property.
SOLUTION:
ALB's Loan Advisor won the deal and brokered the loan successfully by presenting the loan request differently from the competition to the banks. In commercial financing one size does not fit all this was a good example.
