• Loan Amount * $520,000.00
• Rate * 7.99% (12)/ 8.99% (24)
• Appraisal Value * $1,040,000
• Term * 36 months
• Lien Position * First

Our borrowers are real estate investors throughout mid and southern California and owned this car wash free and clear. We were able to provide a 50% cash-out refinance giving the borrower liquidity to make other future real estate purchases.