Los Angeles Multi-Family
Property Details
Location
Property Type
Loan Amount
Los Angeles, CA
Multi-Family
$850,000
LTV
DSCR
Rate / Term
54%
1.52
4.99% / 5 year fixed 30 year term
Challenge
Borrower had significant derogatory credit items, a bankruptcy from 2013 and several foreclosures from 2012.
Solution
Axos Bank was able to get comfortable with the past credit issues based on the borrower’s strong net worth, strong DSCR, and strong rental market.
Discover the right solution for you.
Call us at 877-247-7994
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If you require immediate assistance, please call us at 877-247-7994 or email us at [email protected].