14 Units Multifamily
Another Successful Funded Loan
- $1,596,000
- 5 Year Fixed @ 5.790%
- C/O Refinance - 70% LTV
- 14 Units
- Multifamily Property
- Victorville, CA
ASSIGNMENT:
This was a cash out refinance. One of four apartment buildings that we were refinancing with a goal to max out proceeds for our borrower.
CHALLENGE:
No magic here just commercial mortgage experts doing what they do best.
SOLUTION:
Placed clients into a 5 yr fixed with no prepay and maximized the proceeds. When an investor calls on ALB to assist with financing, we take on the assignment with the intention of achieving the clients goals.
