The loan of the week for February 26, 2015 features a 6-unit multifamily in Berkeley, California. The $960,000 loan is fixed for 5 years at 3.610% and has a step-down prepayment penalty for five years. Click here to read more.
The loan of the week for February 18th features a 10-unit multifamily in Vallejo, California. The $852,000 loan was at a 70% loan-to-purchase-price and is fixed for ten years at 4.660%. Click here to read more about this and other upcoming market movers.
The loan of the week for February 11, 2015 features a 24-unit multifamily in Moraga, California. The $4,200,000 loan was a cash-out refinance that is fixed for 5 years with a 30-year term, fully amortizing. More information about the loan and other financing updates can be found here.
The loan of the week for February 4, 2015 features a 6-unit multifamily in Hayward, California. The $1,050,000 cash-out refinance is fixed for 5 years at 3.650% with a 3-year step-down prepayment penalty.