- Loan Amount * 1,950,000
- Collateral Valuation: * $3,500,000
- Term * 15 years, First Lien, Fully Amortizing
Our borrower was in a bridge loan nearing maturity. Recognizing continuing to refinance every two to three years get very expensive, he requested a long-term loan! With tenants in place, he now has peace of mind with our 15-year fully amortizing loan product, avoiding the need to come back and figure it out for this site repeatedly.