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
| Nationality | Property Value | Loan Amount | LTV | Rate |
| U.S. Citizen | $450,000 | $360,000 | 80% | 3.65% |
| Term | State | Property Type | Purpose | Loan Type |
| 30 year fixed | Newark, New Jersey | Apartment | Refinance | Residential |
| Nationality | U.S. Citizen |
| Property Value | $450,000 |
| Loan Amount | $360,000 |
| LTV | 80% |
| Rate | 3.65% |
| Term | 30-year fixed |
| State | Newark, New Jersey |
| Property Type | Apartment |
| Purpose | Refinance |
| Loan Type | Residential |
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