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Stanton, Multi-Family

 
Property Details

Location

Property Type

Loan Amount

Stanton, CA

Multi-Family

$9,000,000

LTV

Rate / Term

58%

4.6% / 3-Year Fixed Term with Interest Payments

Challenge

The property was 100% vacant and projected break-even debt service

Solution

Axos Bank was able to get comfortable with the scenario based on the borrower’s strength and experience along with exceptional collateral.

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