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

8 Units Multifamily

Another Successful Funded Loan

  • $1,000,000
  • 5 Year Fixed @ 3.550%
  • C/O Refinance-41% LTV
  • 8 Units
  • Multifamily Property
  • Los Angeles, CA

ASSIGNMENT:

This was a Refinance cash out.

CHALLENGE:

Property was denied by another lender due to borrower not meeting their guidelines.

SOLUTION:

ALB Closed the loan with the right lender with less strict guidelines, gave cash out, and kept the mortgage payment unchanged.