Closed Loan in Passaic, New Jersey
Loan Amount: $400,000
Location: Passaic, New Jersey
Broker Made: $12,000
The borrower struggled to refinance his mixed-use property with banks when the commercial unit became vacant. Silver Hill was able to provide a 5-year, fully amortized loan featuring 100% cash-out. The loan was funded through Silver Hill’s Lite Doc Program, which requires no tax returns or 4506T.
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