RECENTLY FUNDED TRANSACTION: Gresham, Oregon
Loan Amount: $1,995,000
Loan to Value: 75%
Loan Purpose: Cash Out Refinance
Property Type: 24 Unit Multi-Family Property
Opportunity: This 24 unit property had seen an increase in their rents in addition to the immediate neighborhood. With the borrower in a stable market, there was no strong downside to the property and the borrower to do the cash out refinance.
For more information call:
Fidelity Bancorp Funding at (877) 585-FUND (3863)