Deal Status

Active

Property Address

Springfield, New Jersey

07081

Requested Loan Amount

1278000

Loan to Value

71

Loan Term

60

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Commercial Property Type

Automotive

Automotive Property Types

Auto Repair

Number of Units

1

Current Occupancy

Owner Occupied

Current Occupancy Percentage

100

Loan Type

Refinance

Current Market Value

1800000

Existing Mortgages

  • 1st

Mortgage 1 Balance

1265000

Equity Cash Out

No

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

N/A

Appraisal

No

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Good

Additional Attachments

Comments

Borrower wants to replace SBA loan

First Name

Ed

Last Name

James

Company

West Valley Finance, LLC

Role

Mortgage Broker

Location

Phoenix
Arizona
USA