$950K Multifamily Property Refinance

Date:
June 19, 2014
Property Type:
Multi-Family
Loan Scenario:
An owner of a High End 6-Unit Multifamily Property in Seattle, Washington approached 1st Commercial to structure financing to refinance his current loan, which was ballooning.

Conventional Financing Structured:

Financing structured to refinance current debt at lower interest rate & re-amortize the loan over 30-Years with no balloon.

Loan Proposal Issued: 6/19/2014

Loan Terms:
$950,000 MULTIFAMILY REFI, 4.12%, 5-YR FIXED TERM, 30-YR AMORTIZATION, NO BALLOON

Contact one of our experienced Commercial Loan Advisors at (800) 341-6199