recent projects

Our borrower was looking to refinance their owner-occupied industrial building but needed a solution that avoided the need for returns.  We stepped in and provided a 30 year fully fixed mortgage by simply reviewing the business bank statements.  Oh and btw, our borrower received $412k in unrestricted cash!

Details

• Loan amount: $1,530,000​

• LTV: 52%

• Program: Bank Statement

• Term: 30 yr fixed

• Cash out: $412,000

Our borrower needed to refinance high interest hard money loans on their SF investment portfolio.  Knowing that rents weren't verifiable, we quickly sourced a 30 year option with just an application.  Our borrower received $180k in cold hard cash!

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Details

• Loan amount: $721,500

• LTV: 75%

• Program: DSCR

• Term: 30 yr fixed

• Cash out: $180,000

With another investment opportunity at stake, our borrower was looking for cash out on their mixed-use asset to meet a hefty down payment.  We worked with our investors to provide a 30 year option with 60% of the proceeds in cash to our borrower!  

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Details

• Loan amount: $1,190,000

• LTV: 70%

• Program: Lite Doc

• Term: 30 yr fixed

• Cash out: $465,000

Upstate NY

Our borrower grew a sizable portfolio of single family properties and was looking to cash out on their hard earned equity.  They had a few fresh forbearance's which stifled their efforts within the conventional bank community.  No problem for us!  In the end, they received top tier leverage and a ton of cash using our simple DSCR process.

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Details

• Loan amount: $1,860,000

• LTV: 75%

• Program: DSCR Portfolio

• Term: 30 yr fixed

• Cash out: $785,000