• Loan Amount * $1,300,000
• Rate * Index +4.99% 
• Appraised Value * $2,350,000
• Term * 24 Months, Interest Only
• Lien Position * First

A repeat borrower was looking for cash out on the subject property as well a long term financing. We were able to provide enough funds to satisfy the borrower and offer a 15 year fully amortizing loan.