Development Site Acquisition
4 August 2023
Refinance and Cash Out
After being rejected by their current lender, a couple recently came to The Brokerage looking to refinance both their residential and commercial loans as well as secure a construction loan. Utilizing their expertise and industry knowledge, The Brokerage was able to find a lender which allowed the client to use their owner-occupied property as security for all three loans. In addition to this, the lender was able to provide a reduced rate due to the leverage being over the owner-occupied property – saving the couple thousands of dollars in interest costs each year!
The Brokerage is passionate about helping clients navigate through the complexities of lending. For an obligation and fee-free consultation – reach out today!