$7.5M Owner User Industrial Refinance

Funded by Private Mortgage Fund, LLC

$7,500,000

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

05/01/2016

Property Type
Industrial
Property City

Fremont

Property State

CA

Interest Rate

%

Origination Points

%

Deal Summary

Large owner user industrial property recapitalizing and needing to refi with cash out. PMF was able to provide 60% LTV leverage at 7.99% IO with No Appraisal, No Credit, and No prepay penalty

Funded By

Private Mortgage Fund, LLC

CA Direct Lender Funding in Less Than 1 Week with No Prepayment Penalty