12 Units Multifamily
Another Successful Funded Loan
- $1,635,000
- 7 Year Fixed @ 3.500%
- C/O Refinance-63% LTV
- 12 Units
- Multifamily Property
- Paramount, CA
ASSIGNMENT:
Cash Out Refinance
CHALLENGE:
Borrower wanted cash out but also did not want to increase monthly payment.
SOLUTION:
Loan terms were catered to fit owner’s expectations. Cash out was provided and the new monthly payment stayed close to the same.
