Closed Loan in Monroe, North Carolina
Property Type: Retail
Loan Amount: $942,000
Location: Monroe, North Carolina
Broker Made: $18,840
An out-of-state borrower had difficulty securing a loan from their bank due to the fact that his retail property had only recently been stabilized. Silver Hill Funding was able to provide financing based on the debt servicing of the property’s income and the borrower’s credit-worthiness.
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