<div class="itemBody"> <div class="extraFieldsIntroText"> <div class="itemExtraFields"> <ul> <li class="Loan Amount firstItem"><span class="itemExtraFieldsLabel">Loan Amount:</span> <span class="itemExtraFieldsValue">$2,000,000</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">Carlsbad, CA</span></li> </ul> <div class="clr"></div> </div> <div class="itemIntroText"> In this transaction we were able to facilitate the refinance of a beautiful Multi-Family property located on the coast in Carlsbad, CA. <address><strong>LTV: </strong> 57%</address><address><strong>Term:</strong> 10 year fixed term amortized over 30 years</address><address><strong>Rate: </strong> 4.07%</address><address><strong>Prepay:</strong> Modified Yield Maintenance</address></div> </div> <div class="clr"></div> <div class="itemFullText"> San 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,. </div> <div class="clr"></div> <div class="clr"></div> </div>