Recently Financed $2.3MM Interest-Only Loan for LA Multifamily

03.11.2015 20150311

The featured loan for March 11, 2015 is a 20-unit multifamily in Los Angeles, California. The $2.3 million loan is fixed for 5 years with 3 years of interest-only payments.

Featuring Private Bridge Lender with Quick Closings & 80% Loan-to-Cost

03.04.2015 20150304

The featured program of the week is a nationwide private bridge lender with quick funding times of approximately two weeks. They can fund up to 80% loan-to-cost with interest rates starting as low as 7%.

Secured 5-Year Fixed Financing at 3.61% for Berkeley Multifamily

02.26.2015 20150226

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.

Fed Favors Keeping Interest Rates Near Zero for a Longer Period

02.18.2015 20150218

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%.

10-Year Treasury Yield Rises for 6 Consecutive Sessions

02.11.2015 20150211

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.

Arranged $1.05MM Cash-Out Refinance for Hayward Multifamily

02.04.2015 20150204

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.

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