LOAN DETAILS:
Closed Loan in Ft. Pierce, FL: This successful transaction took place in Ft. Pierce, Florida, highlighting our operational reach.
Property Type: Single Family Rental: The property involved in this transaction is a Single Family Rental, demonstrating our flexibility in catering to various property types.
Purpose: Cash-Out Refinance: This loan was utilized for a Cash-Out Refinance, providing valuable financial flexibility to the borrower.
Loan Amount: $350,000: The loan amount for this transaction is $350,000, underscoring our commitment to addressing diverse lending needs.
LTV: 64%: The Loan-to-Value (LTV) ratio is set at 64%, 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: 9.250%: The competitive interest rate of 9.250% ensures favorable financial terms for the borrower.
Broker Made: $7,595: Brokers involved in this transaction earned a significant commission of $7,595, showcasing the potential for lucrative partnerships with Silver Hill Funding, LLC.
