6,610 Total SQ FT Single Family Residences – Refinance Loan

Cash Out Refinance


Property Location(s): Frankfort, IL and Country Club Hills, IL

Property Combined Value: $626,000

Loan Amount: $85,000

Interest Rate: 13%

Term: 24 Months

Broker Commission: 5 Points

Borrower pledged free and clear rental properties to obtain funds to pay back taxes and for other debt consolidation.