Closed Loan in Torrance, California
Property Type: 2-4 Family
Purpose: Cash-Out Refinance
Loan Amount: $455,000
Location: Torrance, California
Broker Made: $2,275
An investor in California was looking for a cash-out refinance solution for their multifamily investment property that would not require a traditional agency DTI underwriting. Silver Hill Funding was able to meet their needs thanks to their 1-4 Plex Program, which also gives borrowers the ability to secure financing without having to provide tax returns.
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