The Client

The client wanted to take advantage of buying out his business partner but didn’t have the cash on hand. He lived in Manila for over ten years and didn’t know if he had any credit or a score.

How We Helped

Lucky for the client, he had enough credit to get into one of our bank programs, which gave him the ability to extract up to 80% equity out of the property giving him sufficient funds to buy out his business partner and expand into a new market.

Loan Details

NationalityProperty ValueLoan AmountLTVRate
U.S. Citizen $450,000 $360,000 80% 3.65%
Term StateProperty TypePurposeLoan Type
30 year fixed Newark, New JerseyApartmentRefinanceResidential
NationalityU.S. Citizen
Property Value$450,000
Loan Amount$360,000
Term30-year fixed
StateNewark, New Jersey
Property TypeApartment
Loan TypeResidential

Schedule a call with our U.S. Mortgage Specialist.