Flushing, NY According to Refined, Joe Hach, partner, successfully arranged a $2.5 million inventory loan for a residential condo project.
The borrower’s construction loan had recently matured, but Refined were still able to negotiate a loan to pay off the existing debt, fund cash out proceeds for another project, and cover closing costs.
Hach arranged a 24-month fixed rate loan at 10.75% with 3 months of minimum interest.
Thanks for Reading!
You've read 1 of your 3 guest articles
Register and get instant unlimited access to all of our articles online.
Sign up is quick, easy, & FREE.
Subscription Options
Sign up is quick, easy, & FREE.
Already have an account? Login here