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Los Angeles Multi-Family

Property Details

Location

Property Type

Loan Amount

Los Angeles, CA

Multi-Family

$1,950,000

LTV

DSCR

Rate / Term

63%

0.62

5.40% / 5 year fixed 30 year term

Challenge

Borrowers purchasing underperforming property.

Solution

Axos Bank was able to get comfortable with the scenario based on borrower’s experience repositioning other similar properties, detailed business plan and financial strength to execute.

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