Loan amount
$8,800,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$15,500,000
LTV
57%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
780
Deal experience
35 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Salinas
State
California
Loan Details
Current mortgage balance
$2,200,000
How much cash-out are you looking for?
$6,600,000
Additional Loan Information
Construction is about to be completed ($400,000 balance of construction). Value is from BBG Appraisal as is.
Status
Closed
Created
February 24, 2023 - 9:04pm
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