Posted on January 20, 2020 at 8:05 AM
A real estate investor wanted a loan for $1.5 million to buy a strip center located in West Palm Beach, FL.
She talked to a few banks but getting quotes from them was like getting root canal surgery.
A trusted adviser referred her to The BA Fund and we helped her find an interested lender.
Her 3 favorite loan terms were:
1. A 10-year term loan with 3.75% locked for 5 years. It had estimated monthly payments of $7,712.
2. A 10-year term loan with an interest rate of 4.2% locked for 5 years. Estimated payments were $8,085 a month.
3. A 15-year term loan with an interest rate locked at 4.21% for 5 years. The monthly pymts were estimated to be $9,257.
Please contact the BA Fund today.