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The B.A. Fund

Blog

Blog

Property Approved

Posted on February 5, 2020 at 8:20 AM


A business owner in St. Lucie County, FL wanted to purchase a new office and went to his trusted bank.

 

 

He was shocked when his bank declined him because he was not going to occupy 51% or more of the space.

 

 

His bank representative recommended that he go to the BA Fund for further assistance on his loan. We found him 3 possible lending options for his requested loan amount of $327,000.

 

 

1. A 10-yr term at an interest rate of 4.12%. Interest rate locked for 5 years. The estimated monthly payments were $2,005.

2. A 10-yr term at an interest rate of 4.47%. Interest rate locked for 5 years. The estimated monthly payments were $2,078.

3. A 15-yr term at an interest rate of 4.58%. Interest rate locked for 5 years. The estimated monthly payments were $2,389.

 

 

Please contact the BA Fund today!

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