12636 High Bluff Drive Suite 400
      San Diego, CA 92130USA
TOLL FREE - 888.800.1241
  • Loan Amount: $1,200,000
  • Property Type: Multi Family
  • Originator: Shawn Harris
  • Location: San Diego, CA

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.

LTV:      75%
Term:    5 year fixed amortized over 30 years
Rate:    3.46%
Prepay:  5,4,3,2,1

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.