Closed Loans

Closed Loan in Ohio

Closed Loan in Miamisburg, Ohio

Property Type: Multifamily
Purpose: Purchase
Loan Amount: $180,000
Location: Miamisburg, OH
Broker Made: 
$7,200
Days to Close: 29

A group of investors who were experienced with 1-4-unit properties were looking to make their first multifamily purchase. Their status as out-of-state investors made it difficult to work with traditional lenders.

Eventually, their broker took the deal to Silver Hill Funding and secured a 5-year loan that closed in just 29 days. 

This deal is a good example of Silver Hill’s flexibility when it comes to qualifying investors who do not live in the same state as the subject property.