Closed Loan in Beacon Falls, CT
Property Type: Mixed-Use
Loan Amount: $168,750
Location: Beacon Falls, CT
Broker Made: $8,438
A borrower in Connecticut wanted to purchase a mixed-use property but faced challenges due to the small loan size and their documentation concerns.
The broker in this deal used Silver Hill Funding, LLC’s No Doc Streamline program to lock in a financing solution that made the most sense for the borrower. Thanks to this program, they were not required to submit tax returns, bank statements, leases, a rent roll, or historical operating statements.