We recently assisted a client in securing a cash-out refinance loan on their Long Island property. The goal was to extract 80% of the property’s value to invest in other high-return projects.
Property Value: $950,000
Loan Amount: $760,000
Loan Term: 30 years
Process
Evaluation: Conducted a thorough market valuation of the property.
Loan Selection: Recommended and explained suitable loan products.
Application: Assisted with the loan application and submission of necessary documents.
Approval: The application was approved swiftly, and funds were disbursed promptly.
The client successfully accessed $760,000, allowing them to invest in other real estate projects. At Feng Capital, we pride ourselves on delivering exceptional results for our clients. If you need assistance with cash-out refinancing, contact us today!
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