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57% LTV; Refi of a N/O/O 7-Unit Retail Prop. in Oakdale, CA
Our borrowers, with relatively good credit scores, brought cash to closing to consolidate the debt against their multi-tenant (7-units) retail commercial investment property. The property generates a good cash flow with a 1.47x DSCR (Debt Service Coverage Ratio) based on our Promissory Note rate. The subject is a multi-tenant retail property which consists of 7 retail commercial units with a total GBA (Gross Building Area) of 8,409 square feet. (1,201 sqft. average). The primary frontage of the property is 225 square feet.
60% LTV; C/O Refi of a N/O/O
Texas
Our borrower used the proceeds of our mortgage loan against her N/O/O investment property to grow...
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Price:$165k
UPB%:100%
Rate:8%
LTV:60%
YTM:N/A
55% LTV; R&T Refi on a
California
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment...
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Price:$374k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A
55% LTV; C/O Refi of a
California
Our borrower with good credit scores used the proceeds of our mortgage loan against her investment...
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Price:$660k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A
46% LTV; R&T Refi on an
California
Our borrower used the proceeds of our mortgage loan against his investment property to consolidate...
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Price:$204k
UPB%:100%
Rate:7%
LTV:46%
YTM:N/A
70% LTV; Purchase of a N/O/O
Texas
Our borrower put down 30% plus closing costs to acquire her new N/O/O investment property. The...
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Price:$182k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A

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