LOAN DETAILS:
Closed Loan in Waterbury, CT: This successful transaction took place in Waterbury, Connecticut, showcasing our operational reach.
Property Type: Retail: The property involved in this transaction falls under the Retail category, demonstrating our ability to cater to diverse property types.
Purpose: Purchase: This loan served the purpose of a Purchase, facilitating the acquisition of the property.
Loan Amount: $396,500: The loan amount for this transaction is $396,500, underscoring our commitment to addressing various lending needs.
LTV: 65%: The Loan-to-Value (LTV) ratio stands at 65%, 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: 10.250%: The competitive interest rate of 10.250% provides favorable financial terms for the borrower.
Broker Made: $10,247: Brokers involved in this transaction earned a significant commission of $10,247, showcasing the potential for lucrative partnerships with Silver Hill Funding, LLC.
