Selectcommercial.com Funds $1,050,000 Commercial Mortgage Loan Located in Brooklyn, NY
Select Commercial Funding LLC is pleased to announce the closing of a $1,050,000 cash out refinance of a commercial mortgage loan to allow one partner to buyout the other partner. The property is located in Brooklyn, New York. The borrower received a 10 year fixed rate with a 25 year term and amortization. The loan had a low pre-payment penalty.
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