Closed Loan in Houston, TX
Property Type: Retail
Purpose: Cash-Out Refinance
Loan Amount: $1,600,000
Location: Houston, TX
Broker Made: $33,500
The investor in this transaction wanted to take cash out of their retail property in Houston. Thanks to Silver Hill Funding, LLC’s Full Doc solution, the borrower secured a loan of $2,350,000 and an interest rate of just 5.750%.
Silver Hill also made it possible for the borrower to access the cash they needed.