In this transaction we were able to facilitate the cash out refinance of a multi-family property located in the tertiary market of Longview, WA.
Term: 7 Year Fixed Amortized over 30 Years
Prepay: Modified Yield Maintenance
San Diego Commercial & Business Financing is proud to present the funding of this cash out Multi-Family property located in the tertiary market of Longview WA. This loan was funded via Fannie Mae. I was able to facilitate this loan even though the majority partner of this property had a recent foreclosure on a residential property. Additionally, all owners had no other multi-family experience and were out of state owners. The transaction was funded by Sr. Vice President Shawn Harris.