– $440,000 First Mortgage – 2-Family Investment – Garfield, NJ

Posted on May,19 2021
by Rich Salinaro in Blog

 

$440,000 First Mortgage – Two-Family Investment

In this scenario, the borrower was looking for a small cash out on his recently renovated 2-family home in Garfield, NJ to help complete another project he was working on. Due to the nature of his work as a contractor without a W-2, as well as a few questionable financial decisions in the recent past, he was having some difficulty qualifying for a conventional loan. In stepped H&O Capital to provide the bridge financing the borrower needed. The loan was closed in just over 3 weeks.

H&O Capital Funding  has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.

For more information on loans that we offer, visit our website.

 

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