Loan amount
$9,600,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$14,800,000
LTV
65%
{LTV}
Property type
Medical Office
Borrower Details
Credit score
720
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Sunnyvale
State
California
Loan Details
Current mortgage balance
$7,400,000
How much cash-out are you looking for?
$2,200,000
Additional Loan Information
Medical Research Institute Building - 501C3 Non-Profit . Refi / Cash Out OR 2nd Mortgage. Market Value $14.8 M, Current Mortgage $7.4 M @ 5.31 rate Over 20 Years. Yearly revenue 3 M.
Status
Open
Created
December 4, 2023 - 2:37pm
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