The borrower didn’t want a hard-money
loan, but couldn’t get his current lender
to refi his balloon. APEX was able to get
him the money in 3 weeks to pay off his
balloon and consolidate credit card debt.
Fort Washington, PA
Contact: Bob Worthington
Property: Retail store
Loan Amount: $190,000
Location: East Rochester, NY
Date Funded: August 2013
Broker Fee: $3,800
APEX Mortgage Corp.
SFG’s highly revered construction program
met the needs of this builder/developer
to produce a masterpiece, on this one-of-a-kind, estate-sized beachfront lot,
on the Kailua Coast of Oahu, Hawaii.
Contact: John Odegard
Property: Luxury SFR
Purpose: Spec construction
Loan Amount: $3,200,000
Location: Kailua, HI
Seattle Funding Group Ltd.
Borrower was purchasing a NOO short sale
and lender who had committed was unable to
perform at 70% LTV. We lent the borrower 70%
of the purchase price in 5 days. Borrower had
credit scores and needed to go stated/verified.
Contact: Pouyan Broukhim
Property: NOO SFR
Loan Amount: $668,500
Location: Rancho Cucamonga, CA
Date Funded: September 2013
Broker Fee: $10,922
PB Financial Group Corp.
To list your closed loan, contact firstname.lastname@example.org. SCOTSMAN GUIDE LEAD: Indicates the lender and originator connection was made via Scotsman Guide.
$1,500,000 cash-out refinance for a non-owner-user, fully occupied, 10-unit retail and
office center located in Los Angeles. Loan
is a 30-year fully amortizing adjustable-rate note with a 3-year fixed period.
Westlake Village, CA
Contact: Joseph Cowell
Loan Amount: $1,500,000
Location: Los Angeles
Date Funded: June 2013
Broker Fee: $15,000
Velocity Commercial Capital
Done Deals The following companies are proud to announce these closed loans.