OCTOBER FEATURED DEALS
To list your closed loan, contact firstname.lastname@example.org or call (800) 297-6061
The following companies are proud to announce these closed loans.
Purpose: Cash-out refinance
Loan Amount: $1,800,000
Location: Austin, TX
Broker Fee: $30,000
Silver Hill Funding, LLC recently helped a retail property
owner who needed to refinance and take cash out of
their current mortgage. The challenge for the broker
was finding an attractive solution with no tax return
requirements. Fortunately, they found success through
Silver Hill’s Bank Statement Program.
Property: 2 multifamily bdgs
Loan Amount: $1,200,000
Location: Charleston, SC
Date Funded: July 2018
Broker Fee: $24,000
Borrower needed 100% cash-out for other
investment properties. We gave $1,200,000 on
two separate multifamily properties and closed on
different days to accommodate 100% cash-out.
2 of the 12 units were vacant so we assigned
market rents to the 2nd property to debt service at
an acceptable level to close.
Purpose: Refinance & cash-out
Loan Amount: $8,500,000
Columbia Pacific Advisors provided a $8.5M
cash-out refinance loan for a bridge to sale.
The loan is secured by a 219-unit multifamily
property located in San Antonio, TX. The loan
provided the sponsor the flexibility to pursue
Loan Amount: $2,750,000
Location: Los Angeles, CA
A $2,750,000 multifamily no-cash-out refinance
for this beautiful 12-unit property. 7 units used as
vacation rentals, it was difficult to find comps in the
area. With an excellent down payment, the loan
closed as the client needed. We find solutions and get
the deal done. Complex clients welcome!