12636 High Bluff Drive Suite 400
      San Diego, CA 92130USA
TOLL FREE - 888.800.1241
  • 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 Maintenance

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,.