National Bank Funding Condo Inventory Loans from $20,000,000
August 10, 201108/10/2011
A national investment bank is actively funding condo inventory loans from $20,000,000 to $100,000,000. The financings carry a 9% rate up to 65% loan to sell out and will be held on-book. This capital provider will also consider other portfolio bridge loans in the 6% range.
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