• (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

  • $1,025,050
  • 5 Year Fixed @ 3.325%
  • C/O Refinance-65% LTV
  • 11 Units
  • Multifamily Property
  • San Bernardino, CA

ASSIGNMENT:

This was a cash out refinance for a returning past client, who needed to get maximum loan dollars to be used as down payment for a commercial real estate acquisition.

CHALLENGE:

Had an appraiser who made inaccurate comments on characteristics of the units and as a result we had to rebuttal and get these items removed from his report. 

SOLUTION:

ALB delivered and closed on time and achieved MAXIMUM loan dollars for the client. Always great to have a happy client.