Cash-Out Refinance
$2,000,000
Apartment Building, Elmhurst, NY
A direct-lender loan funded from our own balance sheet.
Terms of the loan
- Loan Amount
- $2,000,000
- Loan Type
- Cash-Out Refinance
- Property Type
- Apartment Building
- Market
- Elmhurst, NY
- Structure
- 6.50% Fixed for 5 years with option to extend for 5 more years on 30 year payout
Borrower names and exact property addresses are withheld for confidentiality.
The transaction
Bank Cash-Out Refinance on an apartment building property in Elmhurst, NY. Loan amount $2,000,000. Terms: 6.50% Fixed for 5 years with option to extend for 5 more years on 30 year payout.
- $2,000,000 loan amount
- Apartment Building · Elmhurst, NY
- Bank Cash-Out Refinance
- 6.50% Fixed for 5 years with option to extend for 5 more years on 30 year payout
Also in the ledger
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Past performance is not indicative of future results. All loans subject to underwriting and collateral approval.