The deal of the week was a 8 Unit Multi-Family $675,000 refinance. Fidelity Bancorp Funding was able to help borrower whose loan was reaching maturity would balloon within a few months. Overcoming a fire the previous year which brought income down by 30%, the borrower was able to take cash out and recoup funds spent on the property.
RECENTLY FUNDED TRANSACTION:
Los Angeles, CA
Loan Amount: $675,000
Loan Purpose: Refinance
Property Type: 8 Unit Multi-Family
For more information call:
Fidelity Bancorp Funding at (877) 585-FUND (3863)