Deal Details
Private Loan Type
Refinance
Approx. Funding Date
03/21/2018
Property Type
Office
Property City
Santa Rosa
Property State
CA
Interest Rate
%
Origination Points
%
Deal Summary
Borrower had a maturing bank loan that needed to be paid off. The commercial office building was 95% leased with good debt service coverage. Redwood Mortgage was able to do this refi under the Streamline (low doc) loan program. LTV on this deal was 61%. Transaction funded in 14 days.