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Bank Cash-Out Refinance

$2,000,000

Apartment Building — Elmhurst, NY

Deal Overview

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.

Transaction Details

Loan Amount
$2,000,000
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

Key Highlights

  • $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

Borrower names and exact property addresses are withheld for confidentiality. Past performance is not indicative of future results. All loans subject to underwriting and collateral approval.