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A business owner in New York wanted to refinance the mortgage on their retail strip center and take the full amount of cash out of the property.We proved to be the perfect fit for the borrower thanks to our Bank Statement Program. This solution allowed them to submit 12 consecutive months of business bank statements instead of tax returns during their application.
Property Type: Retail
Purpose: Cash-Out Refinance
Loan Amount: $1,400,000
Island Park, New York
When a borrower in Colorado saw that their bank would take 4-6 months to fund their loan, they began looking for alternative solutions. We were able to finance the deal in a much shorter amount of time. The deal was funded through our Complete Program.