Borrower is a well established medical professional who intends to construct a new state of the art medical office building for his practice. Our mortgage will be paid off via an SBA 504 loan.
loan overview
$660,000
loan priority
1st. Mortgage
loan type
Purchase
loan to value (LTV)
60%
appraisal value
$1,100,000
interest rate %
Sub 10%
term length (months)
12 months
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