$950,000 cash-out Refinance Loan in Clifton, NJ

Centra's client required funds to invest in a multifamily project they owned. Despite banks refusing to finance this type of asset or offer cash-out options, Centra provided a cash-out on their warehouse. This decision was based on the asset's value and featured a rapid turnaround time.

Broker paid $23,750
Loan Amount : $950,000
LTV : 60%
Asset Class : Warehouse
Loan Purpose : Cash out - Refinance