Closed Loans Archives - Silver Hill Funding

Closed Loans

Closed Loan in California

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A credit-worthy business owner in California wanted to refinance a higher-rate loan and required more flexibility than traditional lenders were able to offer. Silver Hill Funding provided the ideal solution for the borrower through their Complete Program.

Closed Loan in Colorado

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When a borrower in Colorado saw that their bank would take 4-6 months to fund their loan, they began looking for alternative solutions. Their broker took the deal to Silver Hill Funding, who was able to finance the deal in a much shorter amount of time. The deal was funded through Silver Hill’s Complete Program.

Closed Loan in Florida

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The owner of a warehouse property was turned down by a bank because their business could not report taxable income. The owner’s broker then turned to Silver Hill Funding, whose team was able to qualify the deal based on global DSCR. This solution kept the borrower from having to take out a hard money loan at a high rate.

Closed Loan in New York

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A real estate investor in New York needed cash to pursue new purchase opportunities. By partnering with Silver Hill Funding, they were able to take cash out of a single family property they owned free and clear. Since the loan was closed through Silver Hill’s Lite Doc Investor Program, the borrower did not have to provide tax returns.

Closed Loan in New York

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A business owner in New York wanted to refinance the mortgage on their retail strip center and take the full amount of cash out of the property. Silver Hill Funding proved to be the perfect fit for the borrower thanks to their Bank Statement Program. This solution allowed them to submit 12 consecutive months of business bank statements instead of tax returns during their application.

Closed Loan in Texas

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A seasoned investor needed to finance a multifamily purchase in Texas but was unable to work with their bank due to their restriction on property size. Silver Hill Funding agreed to finance the property through the Lite Doc Investor Program, which made it possible for the investor to secure financing without having to provide tax returns.

Closed Loan in Ohio

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A group of investors were seeking a maximum cash-out on a multifamily property that had excess land valuation. Silver Hill made it possible for the majority investor to refinance at a lower rate, while enabling the minority owner and note holder to tap into the equity from the existing mortgage.

Closed Loan in Oregon

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The owner of a long-standing restaurant business in Oregon wanted to refinance and take cash out of their existing mortgage. The deal was a great fit for Silver Hill’s Stated Owner-Occupied Program – the business owner was able to access the cash needed to improve their business.

Closed Loan in South Carolina

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A group of investors that included two out-of-state partners needed a financing solution for the purchase of a mobile home park in South Carolina. Since they chose to secure financing through Silver Hill’s Lite Doc Investor Program, they were never required to provide tax returns.

Closed Loan in Florida

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An investor in Florida wanted a stated income solution for the cash-out refinance of their single family investment property. Silver Hill’s 1-4 Plex Program made it possible for the investor to tap into their property’s equity and accomplish their goals.

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