Closed Loan in Oakland, California
Purpose: Cash-Out Refinance
Loan Amount: $530,000
Location: Oakland, California
Broker Made: $15,900
The investor sought a non-bank solution to refinance two properties and purchase a vacant lot. Silver Hill provided a blanket loan for the 3 adjacent properties that included the cash-out necessary to purchase the lot. The deal was funded using Silver Hill’s Lite Doc Program and closed in less than 30 days.
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