Loan Amount: $2,015,000
Loan Purpose: Cash Out Refinance
Property Type: Multifamily Residence
RECENTLY FUNDED TRANSACTION:
Opportunity: We were able to get the client over $1MM in net proceeds to recoup renovation costs. Even though the property was still being partially renovated we were able to get the client a non-recourse loan, on a limited doc program, with a reduced step-down pre-pay.
For more information call:
Kevin Kriser – (714) 908-5271
Fidelity Bancorp Funding is an Orange, California-based firm providing mortgage options to meet the long-term needs of clients of all ages and scenarios, including Realtors, homebuyers and investors. Founded in 2000, the firm is dedicated to superior standards and best practices, and recently surpassed $9 billion in funding provided nationwide. Fidelity Bancorp Funding specializes in assisting homebuyers or those in complex situations or who need alternative options such as bridge financing to help ensure that they get the deal they want.