
- Loan Amount: $675,000
- Rate: 9.75%
- Appraisal Value: $1,125,000
- Term: 15 Years Fully Amortizing
- Lien Position: First
Our borrowers purchased this equestrian facility and need to refinance it. We were able to place them into a long term, fully amortizing loan. We also made a small $25K piggyback 2nd to help facilitate the transaction