Archive for category: Recently Funded Transactions

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Inglewood Multi Family Refinance Specialists

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RECENTLY FUNDED TRANSACTION: 
Loan Amount: $800,000
Loan Purpose: Refinance
Property Type: 17 Unit Multi-Family

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

 

Non US Citizens Multi-Family Refinance Funding

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RECENTLY FUNDED TRANSACTION: 

Loan Amount: $2,250,000

Loan Purpose: Cash Out Refinance

Property Type: 33 Unit Multi-Family

OPPORTUNITY:

30-Year Fixed at 5%. Yes, that is correct. 30-year fixed at 5%! After talking with the principles on the transaction, they decided it was best for them to lock into a 30-year fixed to protect against a rising interest rate environment. The primary challenge of the transaction was restructuring the borrowing entity to comply with loan guidelines for two members who were not U.S. citizens.

For more information call:

Kevin Kiser

(714) 908-5271

EMAIL Kevin

$10 million 73 Unit Multi-Family Refinance Funding

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RECENTLY FUNDED TRANSACTION: 

Loan Amount: $10,050,000

Loan Purpose: Refinance

Property Type: 73 Unit Multi-Family

OPPORTUNITY:

Two (2) Years of Interest Only Payments

For more information call:

Fidelity Bancorp Funding Team

(714) 908-5100

EMAIL Fidelity

Commercial Purchase 1031 Exchange

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RECENTLY FUNDED TRANSACTION: 

Loan Amount: $2,500,000

Loan Purpose: Purchase

Property Type: Commercial

OPPORTUNITY:

With a solid borrower and 35% down the timing was critical due to a 1031 exchange.

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

16 Unit Multi Family Cash Out Refinance

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RECENTLY FUNDED TRANSACTION: 
Loan Amount: $1,500,000
Loan Purpose: Cash Out Refinance
Property Type: 16 Unit Multi-Family Property

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

 

Commercial Unit – Real Estate Acquisition – 90%

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RECENTLY FUNDED TRANSACTION: 

Loan Amount: $4,450,000

Loan Purpose: Purchase

Property Type: One Unit Commercial

OPPORTUNITY:

This was a business and real estate acquisition that we were able to get our borrower 90% LTV on a 5 year FIXED!

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

5 Unit Multi-Family Cash Out Refinance – Steve Canto

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Loan Amount: $500,000

Loan Purpose: Cash Out Refinance

Property Type: 5 Unit Multi-family Residence

RECENTLY FUNDED TRANSACTION: 

Opportunity: For this 5 unit Multi-family property, the borrowers are strong in addition to this investment asset being held for long time. They received cash out, loan amount, refinancing at end of previous fixed term along with a lower rate.

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

Shoshone Multifamily Purchase Financing

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RECENTLY FUNDED TRANSACTION: 
Loan Amount: $875,000
Loan Purpose: Purchase
Property Type: Multi-Family Residence

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

 

Multi Tenant Retail Financing Alabama

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RECENTLY FUNDED TRANSACTION: 
Loan Amount: $1,430,000
Loan Purpose: Purchase
Property Type: Multi-tenant Retail

For more information call:

Rick Padilla – 

(310) 420-9066

EMAIL Rick

 

Retail Commercial Property Financing Georgia

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RECENTLY FUNDED TRANSACTION: 
Loan Amount: $975,000
Loan Purpose: Purchase
Property Type: Retail/Commercial

For more information call:

Fidelity Bancorp Funding at (877) 585-FUND (3863)

 

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