• Loan Amount: $299,400
• Rate: 8.75%
• Appraisal Value: $499,000
• Term: 60 months
• Lien Position: First

This borrower had a great opportunity to purchase a rental property with two units adjacent to another
rental they had. We were able to provide a 60 month loan, fixed for the first 24 months, to allow time for a
conventional refinance.