- Loan Amount * $1,000,000.00
- Rate * 6.99%
- Combined Appraised Value * $ 4,700,000
- Term * 24 months
- Lien Position * First
Our borrower was looking for a rate and term refinance for a single family home located on just over 2 acres. We were able to place this loan at 6.99% for 24 months.