Loan amount
$4,000,000
Loan type
As-Is Property Value
$6,400,000
LTV
63%
{LTV}
Property type
Commercial
Borrower Details
Credit score
600
Deal experience
12 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Church and apartment complex. Need to refinance rate and term. Approximately $4M. The church is worth $6.4M according to an appraisal done this August. The current lender is no longer financing church loans. Located in Orlando, FL. Need a 2 year fix amortized over 20 year period. I am a broker representing my client.
Status
Closed
Created
October 23, 2019 - 2:58pm
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