One of our consistent BFG clients requested a $585K loan to purchase and hold a residential property in Queens, NY. After building rapport through a referral from a mutual partner, our client trusted our fast, efficient and informative process to get their loan funded in just 8 DAYS! This client trusted BFG to fund their last 2 purchases this year.
The Property
- Located in Queens, NY
- Multifamily Residence – 3 Units
The Loan
- Loan Type: Long Term Purchase
- Loan Amount: $585,600
- LTC: 60%
- Interest Rate: 4.97%
- Length of Loan: 30 Year