SFR Portfolio – Huntsville, AL

Huntsville, AL

Property: SFR Portfolio
Deal Type:
Refinance
Loan Amount: $500,000

This was a cash-out refinance for a 10-year term, amortized over 30 years. The portfolio consists of 4 SFR’s in Huntsville, Alabama. This experienced sponsor achieved his goals by refinancing into a more attractive interest rate for the long-term

Stronghill was able to offer the borrower a lower interest rate, sufficient funds from the cash-out to invest and grow portfolio, and a timely closing.

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