Closed Loans

Retail Loan in Florida

Closed Loan in Hialeah, FL

Purpose: Refinance
Loan Amount: $750,000
Location: Hialeah, FL

The experienced investor rehabbed and stabilized their property in the last 18 months. Despite their high credit scores, they were turned down at several local banks due to recent stabilization and bank DSCR/underwriting requirements. Silver Hill Funding was able to refinance the borrower out of a high rate, short term hard money loan and offered financing with a 5/1 ARM, 30-year amortization with a 3-year prepayment penalty.

Have a similar deal? Call us: 844-641-1035

New to our small-balance commercial mortgage options? Download your broker registration packet.

Leave a Reply

Your email address will not be published.