Closed Loan in Bunnell, Florida
Property Type: Retail
Loan Amount: $660,000
Location: Bunnell, FL
Broker Made: $16,500
Days to Close: 7 from start of processing stage
An investor in Florida paid off the high interest loan they had on their retail property and wanted to refinance with a lower-rate solution. After taking the deal to Silver Hill Funding, their broker was able to lock in a lower rate on a 5-year loan with a 30-year amortization.
Silver Hill was able to close this loan in just 7 days from the start of processing.