Closed Loans

Closed Loan in Connecticut

Closed Loan in Newington, CT

Property Type: Restaurant/Bar
Purpose: Refinance
Loan Amount: $420,000
Location: Newington, CT
Broker Made: 
$12,600

The owner of a restaurant property in Connecticut was coming off a hard money loan and wanted a lower-rate, longer-term solution.  Silver Hill Funding’s lack of seasoning requirements made the lender a perfect choice for the borrower, who secured a 5-year loan with a 30-year amortization.