Monthly Archives: April 2015

3-1,000+ SQ FT Single Family Residences- Cash Out Refinance Loan

LoancommercialPrivate Money

Property Location: Michigan

Property Value: $209,500

Loan Amount: $45,000

Interest Rate: 12%

Term: 24 Months

Borrower used free and clear rental properties as collateral for a cash out refinance.

2,040 SQ FT Single Family Residence – Cash Out Refinance Loan

Private Moneybridge loan

 

Property Location: Maine

Property Value: $280,000

Loan Amount: $110,000

Interest Rate: 12%

Term: 12 Months

Borrower is refinancing his commercial notes for a cash out refinance.