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. Money360 Originator has a great relationship with the broker. 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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