Fed Hints at Rate Hike in Spring 2015

The loan of the week for March 19, 2014 features a cash-out refinance of a mixed use building in San Francisco, California. The property consists of 5 commercial art studios and 1 residential unit. The $700,000 loan is fixed for 5 years with a 30-year amortization and 3-year step-down prepayment penalty. For more information, click here.

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