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$142,500 Town House Cash-Out Refinance Loan

Funded By: Silver Hill Funding

Closed Loan in Hanover Park, IL: This successful transaction occurred in Hanover Park, Illinois, showcasing our operational reach.

Property Type: Town House: The property involved in this transaction is a Town House, highlighting our ability to cater to various property types.

Purpose: Cash-Out Refinance: This loan served as a Cash-Out Refinance, offering valuable financial flexibility to the borrower.

Loan Amount: $142,500: The loan amount for this transaction is $142,500, underscoring our commitment to addressing diverse lending needs.

LTV: 70%: The Loan-to-Value (LTV) ratio is set at 70%, reflecting a balanced and prudent lending approach.

Term: 30-Year Fixed: This loan offers a 30-Year Fixed term, ensuring long-term stability and predictability for the borrower.

Interest Rate: 8.625%: The competitive interest rate of 8.625% provides favorable financial terms for the borrower.

Broker Made: $2,138: Brokers involved in this transaction earned a substantial commission of $2,138, showcasing the potential for lucrative partnerships with Silver Hill Funding, LLC.

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