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

13 Units Multifamily

Another Successful Funded Loan

  • $650,000
  • 5 Year Fixed @ 3.625%
  • C/O Refinance-47% LTV
  • 13 Units
  • Multifamily Property
  • San Bernardino, CA

ASSIGNMENT:

This was a Cash Out Refinance transaction.

CHALLENGE:

Client requests a Cash Out Refinance with minimal COVID Holdback & maximum LTV given a San Bernardino property.

SOLUTION:

ALB closed the loan with no COVID reserves & gave the highest LTV allowed for the San Bernardino area.