First mortgages in the 4% range.
First Tranche...
41 properties.
Term Sheet - Cash out second lien: $2.952MM
$11MM value (BPO)
9.5% 30 year fixed
80% CLTV (combined loan to value 1st + 2nd)
Bank statement program.
Need: 12 months business and personal bank statements
Tri-Merge credit report
Reach out.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
Broker, Underwriter, general business loan expert
949.228.1050