Closed Loans

Closed Loan in Colorado

Closed Loan in Englewood, CO

Property Type: Warehouse
Purpose: Cash-Out Refinance
Loan Amount: $825,000
Location: Englewood, CO
Broker Made: 
$24,750

The owner of a warehouse property in Colorado was looking for a commercial loan product that would not require tax return documentation. Thanks to Silver Hill Funding’s Bank Statement Program, the borrower was able to submit 12 consecutive months of business bank statements in lieu of tax returns. They ended up with a cash-out refinance solution in the form of a 5-year hybrid loan with a 30-year amortization.