• Loan Amount: $220,800
• Rate: 7.99%
• Appraisal Value: $350,000
• Term: 36 months
• Lien Position: First

This loan was made to purchase and remodel a multi-family property in Union City. The 3 unit structure is currently leased and the borrower is completing a fairly extensive remodel which includes new windows, flooring, cabinets, counter tops, and bathrooms.