Office Building $934,000 Cash-Out Refinance
$934,000 Florida office building refi cash-out
- No upfront fees
- No tax returns
- No income verification
- Loan amount: $934,000 refinance including $150,000 cash-out
- Term: 10 years
- 9.5% Fixed
- Amortization 30 years
- Property value: $2.9 Million
- 4 Office units – 100% Leased
- Purchased 1997
- Experienced repeat borrower
- FICO 685
- Borrower’s income: $250,000
- Net Worth: $3.2 Million
- Loan funded in 5 weeks