Recently Funded – $4,000,000 Multifamily Acquisition Loan In California

Home>Success Stories>Recently Funded – $4,000,000 Multifamily Acquisition Loan In California

Property Type: Garden Style Multifamily with 29 1-BR, 11 2-BR plus 50 Parking Spaces

Loan Type: Conventional with Regional Lender

Purchase Price: $5,800,000

Loan Amount: $4,000.000

Term: 10 yrs. / 5 yr. reset @ 5 year TCM Index + 3.0%

Amortization: 30 Years

Interest Rate: 3.99%

Lender Fees: 1%

DSCR: 1.25% or above

By | 2022-03-30T16:04:07+00:00 March 30th, 2022|Success Stories|