Closed Loans Archives - Silver Hill Funding

Closed Loans

Closed Loan in South Carolina

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A property which had been encumbered by a forbearance agreement since 2010 was in need of immediate repairs related to items of deferred maintenance, in order to qualify for permanent financing. Silver Hill Funding was able to overcome the Sponsor’s past credit challenges related to other assets, and structure this Non-Recourse, 2 year Bridge Loan with adequate proceeds to address all CapEx and future leasing needs.

Closed Loan in Texas

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A business owner in Texas wanted to take cash out of their existing mortgage so they could pay off cash advances and complete building improvement projects.
Thanks to Silver Hill Funding’s Bank Statement Program, the borrower was able to get approved for the loan through 12 consecutive months of business bank statements instead of tax return documentation.

Closed Loan in California

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With a varied mix of tenants (including an automotive business) and several commercial month-to-month leases in place, this investor’s retail property was not an ideal fit for traditional lenders.
Fortunately, Silver Hill Funding was able to see past these issues and fund the loan for the investor. Since the deal was funded through Silver Hill’s Lite Doc Investor Program, the borrower was not required to provide tax return documentation.

Closed Loan in Florida

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An investor in Florida wanted to take cash out of their multifamily property but needed to work with a lender that wouldn’t require tax returns during any point in the transaction process.

Thanks to Silver Hill Funding’s Lite Doc Investor Program, the investor was able to secure a reduced documentation solution that made it possible to tap into the equity they had in their multifamily property.

Closed Loan in Illinois

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A business owner in Illinois needed a cash-out refinance to pay off past due taxes and a high-interest 2nd mortgage. Silver Hill Funding provided a solution that allowed the borrower to get the cash-out they needed without having to provide tax returns.

Closed Loan in Pennsylvania

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The owner of an automotive property in Pennsylvania needed to take cash out of their existing commercial mortgage. Though many lenders shy away from commercial automotive property deals, Silver Hill Funding provided financing for a 5-year hybrid loan with a 30-year amortization.
Silver Hill Funding was able to provide a reduced documentation solution through their Lite Doc Investor Program and close the loan in under 30 days.

Closed Loan in Illinois

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An investor in Illinois needed to work with a lender that could act fast on a cash-out refinance. But speed wasn’t the only requirement – the investor wanted to refinance without providing tax return documentation.

Silver Hill Funding was able to provide a reduced documentation solution through their Lite Doc Investor Program and close the loan in under 30 days.

Closed Loan in Texas

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The owner of a retail strip center in Texas wanted to take cash out of their existing mortgage. The challenge for the business owner’s broker was finding an attractive solution that did not require tax returns. Fortunately, the broker found a viable solution through Silver Hill Funding’s Bank Statement Program.

Closed Loan in Pennsylvania

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A business owner in Pennsylvania wanted to refinance their light industrial property and pay off their 1st and 2nd mortgages, as well as high-interest business loans. By partnering with Silver Hill Funding, they were able to qualify for a loan based on 12 months of business bank statements instead of tax returns.

Closed Loan in New York

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Silver Hill Funding, LLC helped a business owner purchase a light industrial property they had previously been leasing. Silver Hill was able to overcome the borrower’s open tax lien issues and provide an attractive solution in the form of a 5-year hybrid loan with a 30-year amortization.

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