Loan amount
$7,250,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$10,000,000
LTV
73%
{LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
680
Deal experience
16 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Lafayette
State
Colorado
Loan Details
Current mortgage balance
$7,000,000
How much cash-out are you looking for?
$250,000
Additional Loan Information
I am looking for a $7.25M bridge loan (70% LTV) with a 2-yr balloon. Purpose is to pay off my current obligations on a commercial condominium office warehouse building that I developed and constructed in Lafayette.
Status
Open
Created
June 21, 2023 - 5:26pm
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