One of our newest borrowers requested a Rate & Term refinance loan to lower their 8% interest rate on their Elmont, NY property. After agreeing to terms and explaining our loan process, our client trusted our fast, efficient and informative process to get their loan funded in just 8 DAYS!
The Property
- Located in Elmont, NY
- Single Family Residence
- 3 Bedrooms, 1 Bathroom
The Loan
- Loan Type: Long Term Purchase – Buy & Hold
- Loan Amount: $960,000
- LTV: 80%
- Interest Rate: 5.3%
- Length of Loan: 30 Years