Closed Loans

Closed Loan in Pennsylvania

Closed Loan in Philadelphia, Pennsylvania

Property Type: Multifamily
Purpose: Purchase
Loan Amount: $549,500
Location: Philadelphia, PA
Broker Made: 
$5,495
Days to Close: 29 from start of processing stage

An investor in Pennsylvania wanted to add a multifamily investment to their real estate portfolio.  Silver Hill gave the investor the ability to secure a 30-year fixed rate on their commercial mortgage, something few commercial lenders offer in this space.

Once this loan reached the processing stage, it only took 29 days to close.