Closed Loan in Orlando, Florida
Property Type: Retail
Purpose: Cash-Out Refinance
Loan Amount: $750,000
Location: Orlando, Florida
Broker Made: $7,500
The nature of the borrower’s business made it difficult for him to provide full documentation to support his cash-out refinance request. Thanks to Silver Hill Funding’s Bank Statement Program, the borrower was able to prove his income by producing 12 consecutive months of bank statements. Silver Hill was able to fund the loan, provide the cash-out he required, and help the borrower buy out a former business partner.
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