Fourplex – CASH OUT REFINANCE with no Pre Payment Penalty – Torrance
The borrower came to us to experience FBF’s best in class service in successfully closing complex loan transactions. This client was looking for a NO prepayment penalty loan, which we were able to fund successfully. Located in a vast area of Torrance, CA, this newly renovated four-plex was an excellent opportunity to leverage. The final closing took place under an LLC. We see the big picture!
If you’d like us to evaluate a property deal for you, give us a call.
RECENTLY FUNDED TRANSACTION:
Torrance, CA
Loan Amount: $910,000
Loan Purpose: Cash Out Refinance
Property Type: Four Plex
