• Loan Amount: $299,400
  • Rate: 8.75%
  • Appraisal Value: $499,000
  • Term: 60¬†months
  • Lien Position: First

This borrower had a great opportunity to purchase a rental property with two units adjacent to another
rental they had. We were able to provide a 60 month loan, fixed for the first 24 months, to allow time for a
conventional refinance.