• Loan Amount: $100,000
  • Rate: 6.99%
  • Appraisal Value: $ 400,000
  • Term: 36 months
  • Lien Position: First

Borrower needed to close this escrow quickly, which was largely a cash transaction. The property was previously purchased, remodeled and quicklyresold. Our fast turn-around and terms were well appreciated by the borrower and all parties involved. Step rate interest will adjust to 7.99% after the first 12 months.

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