Retail Property in Hialeah, FL - Silver Hill Funding

Retail Loan in Florida

Retail Loan in Florida

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retail property silver hill funding

Closed Loan in Hialeah, FL

Purpose: Refinance
Loan Amount: $750,000
Location: Hialeah, FL

The experienced investor rehabbed and stabilized their property in the last 18 months. Despite their high credit scores, they were turned down at several local banks due to recent stabilization and bank DSCR/underwriting requirements. Silver Hill Funding was able to refinance the borrower out of a high rate, short term hard money loan and offered financing with a 5/1 ARM, 30-year amortization with a 3-year prepayment penalty.

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