16 Units Multifamily
Another Successful Funded Loan
- $1,500,000
- 5 Year Fixed @ 5.810%
- C/O Refinance - 65% LTV
- 16 Units
- Multifamily Property
- Bakersfield, CA
ASSIGNMENT:
Borrower was seeking to refinance and get cashout with the goal of accumulating funds for a new purchase.
CHALLENGE:
Transaction went smoothly with no real hurdles.
SOLUTION:
Client was placed into a 5-yr fixed loan that had no prepay penalty.
