Closed Loans Archives - Page 2 of 5 - Silver Hill Funding

Closed Loans

Closed Loan in New Jersey

A dentist who rented her office condo for many years decided that she wanted to purchase the property. Silver Hill Funding, LLC helped her save money with a mortgage payment that was actually lower than her monthly rent. The owner-occupied deal was funded through Silver Hill’s Complete Program.

Closed Loan in Colorado

A group of small business owners wanted to cash out equity in their automotive property to consolidate debt and pay off personal loans. Traditional lenders weren’t comfortable with the property type or ownership structure, but Silver Hill Funding, LLC overcame this challenge and provided a fully-amortizing loan for the borrowers.

Closed Loan in California

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An investor was having difficulty refinancing their retail property because of the significant cash-out they required and the property’s previous environmental history. Silver Hill was able to overcome these issues and fund the loan with the requested cash-out.

Closed Loan in Florida

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The borrower was looking for a small cash-out and refinance of an existing higher rate short-term mortgage. They were able to get the loan and cash-out they needed without having to provide tax returns or a 4506T, thanks to Silver Hill Funding’s Lite Doc Investor Program.

Closed Loan in Georgia

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The borrower was looking to refinance a higher rate short-term mortgage on a multifamily property. Silver Hill Funding helped them secure funding and the cash-out they needed. Since the loan was funded through the Lite Doc Investor Program, the borrower did not have to provide tax returns or a 4506T.

Closed Loan in Georgia

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The borrower was looking to refinance a seller-financed acquisition of a multifamily property that was recently purchased and rehabbed. The team at Silver Hill Funding was able to help the borrower because their guidelines have no seasoning requirements.

Closed Loan in Massachusetts

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The borrower sought a high LTV loan but struggled to get funded because they couldn’t provide the documentation required by traditional lenders. Silver Hill Funding was able to provide a fully amortizing mortgage solution through its Lite Doc Investor Program, which allows borrowers to secure funding without providing tax returns or a 4506T.

Closed Loan in Florida

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A high net worth borrower was looking to refinance his owner-occupied property out of a cross collateralized higher interest loan. The problem was that he had losses reported on his tax returns and was not able to get financing with a traditional bank loan. Silver Hill Funding, LLC was able to overcome this challenge and provide a fully-amortizing, 5-year hybrid loan for the borrower.

Closed Loan in Virginia

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The borrower had difficulty securing the funds needed to purchase a warehouse property in Virginia because the property was being purchased out of bankruptcy and other lenders were worried about getting a clear title. Silver Hill Funding was able to overcome this challenge and fund the transaction within the borrower’s tight closing time frame.

Retail Loan in Florida

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A business owner in Jacksonville was looking to refinance a retail property but was turned down by another lender due to an ownership documentation issue. Not only was the team at Silver Hill Funding able to overcome the lack of documentation and provide the cash-out the borrower needed, but they also accepted the existing appraisal/title and closed the deal in 25 days.

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