Multifamily Property In Columbus, OH

Loan Type:
Bridge Loan
Loan Amount:
$2,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
70%

Challenges

• The borrower had a hard deadline with their 1031 Exchange and needed to close quickly.

Solutions

• Trust was key to win this deal.
• The broker knew that Money360 could get this done because of past experiences with our originator.
• With an impending hard closing date of January 11, 2018, the borrower selected Money360 for financing based on its certainty of execution. Certainty of execution and a quick closing were key to this deal

Ken Wood

Money360

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