- Loan Amount * $520,000.00
- Rate * 7.99% (12)/ 8.99% (24)
- Appraisal Value * $1,040,000
- Term * 36 months
- Lien Position * First
Our borrowers are real estate investors throughout mid and southern California and owned this car wash free and clear. We were able to provide a 50% cash-out refinance giving the borrower liquidity to make other future real estate purchases.