Closed Loan in Clifton, New Jersey
Purpose: Cash-Out Refinance
Loan Amount: $625,000
Location: Clifton, New Jersey
Broker Made: $12,500
A borrower with 28 years of investment experience needed to refinance and take cash out of their private commercial mortgage. Silver Hill was able to provide a cash-out refinance solution that met the borrower’s unique needs. Since the loan was funded through Silver Hill’s Lite Doc Program, the borrower never had to produce tax returns during the transaction.
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