<div class="extraFieldsIntroText"> <div class="itemExtraFields"> <ul> <li class="Loan Amount firstItem"><span class="itemExtraFieldsLabel">Loan Amount:</span> <span class="itemExtraFieldsValue">$1,200,000</span></li> <li class="Property Type"><span class="itemExtraFieldsLabel">Property Type:</span> <span class="itemExtraFieldsValue">Multi Family</span></li> <li class="Originator"><span class="itemExtraFieldsLabel">Originator:</span> <span class="itemExtraFieldsValue">Shawn Harris</span></li> <li class="Location lastItem"><span class="itemExtraFieldsLabel">Location:</span> <span class="itemExtraFieldsValue">San Diego, CA</span></li> </ul> <div class="clr"></div> </div> <div class="itemIntroText"> In this transaction we were able to facilitate the refinance of two four unit multi-family residential properties that we were able to cover with a true multi-family loan. <address><strong>LTV: </strong> 75%</address><address><strong>Term:</strong> 5 year fixed amortized over 30 years</address><address><strong>Rate: </strong> 3.46%</address><address><strong>Prepay:</strong> 5,4,3,2,1</address></div> </div> <div class="clr"></div> <div class="itemFullText"> San Diego Commercial & Business Financing is proud to present this Pacific Beach property. Subject property was self managed and was suffering from substantial under-market rents. Despite this were able to maximize the financing to allow cash out to simultaneously refinance a separate property for the same client. . The transaction was funded by Sr. Vice President Shawn Harris. </div>