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  • ralph0912

COMMERCIAL REFINANCE

This client came to us to refinance with a 1,000,000 loan amount. The original loan was for $730,000, but he needed additional cash to remodel his apartment complex and complete MANDATORY state earthquake retrofitting guidelines.


The cash out refinance was to get the original $730k loan up to $1,000,000, in order to access the additional $270k to make the desired changes to his property.


We achieved his new desired loan amount with his additional cash out, and he used the funds to complete the necessary building retrofitting+remodeling.


We got financing WITH NO TAX RETURNS and NO RENTAL AGREEMENTS required to qualify!


MINIMAL PAPERWORK, STREAMLINED PROCESS!

#refinance #property #realestate #mortgage #house #home #building #business #smallbusiness #finance #bank #money #loan #loans #loanofficer #broker #reinvest #invest #investing #cash #property #landlord #owner #fundsourceinc #chasecapital

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© 2019 by Fund Source & Chase Capital, Burbank (CA) - NMLS Number 116487 -

DRE Number 01049524 - Corporation NMLS ID # 116012 - Corporation DRE ID Number 01432096