Closed Loans

Mixed-Use Loan in New Jersey

Closed Loan in Passaic, New Jersey

Purpose: Refinance
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.

Have a similar deal? Call us: 844-641-1035

New to our small-balance commercial mortgage options? Download your broker registration packet.

Leave a Reply

Your email address will not be published.