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

12 Units Multifamily

Another Successful Funded Loan

  • $2,539,000
  • 5 Year Fixed @ 4.100%
  • C/O Refinance-71% LTV
  • 12 Units
  • Multifamily Property
  • Torrance, CA

ASSIGNMENT:

This was a Cash Out Refinance loan.

CHALLENGE:

Lack of seasoning made placing the loan difficult.

SOLUTION:

Brokered the loan with a special lender that gave exception to seasoning requirement.