• PROPERTY:

Albemarle St, Baltimore, MD 21202

DESCRIPTION:

  • Cash out refinance of commercial property
  • Low LTV
  • Experienced Borrower
  • Owns 6 successful restaurants in the Baltimore area

PROPOSED TERMS:

Loan Type: Cash out refi
Loan Amount: $510,000 1st Mortgage
Value of Subject Property: $2,000,000
Loan to Value: 26%
Term requested: 12 Month Balloon
Exit Strategy: Refinance property or pay off in cash
Credit Score 638