- Loan Amount: $2,000,000
- Property Type: Multi Family
- Originator: Shawn Harris
- Location: Carlsbad, CA
In this transaction we were able to facilitate the refinance of a beautiful Multi-Family property located on the coast in Carlsbad, CA.
LTV: 57% Term: 10 year fixed term amortized over 30 years Rate: 4.07% Prepay: Modified Yield MaintenanceSan Diego Commercial & Business Financing is proud to present the funding of this multi-family / apartment loan. The subject property was owned free and clear and we facilitated a cash out transaction to fund for our clients estate planning needs. The transaction was closed in under 30 days, which is almost unheard of for a Fannie Mae DUS loan. The transaction was funded by Sr. Vice President Shawn Harris,.