|
Cash-Out Refinance
Owner-Occupied
1 Unit
$400,000 Loan
80LTV
2 Year Fixed/20 Year Amortization
Port Ludlow, WA
--Client needed cash-out to expand cosmetic line to the
national level. Stated income loan with 0.8 DCR based on appraisal
income--
Purchase
Owner Managed
60 Key Flagged Hotel
$1.45MM Loan
75LTV
10 Year Fixed Term/30 Year Am
Ames, IA
Purchase
Investment Property
6 Unit Mixed-Use - Retail and Apartments
$823,500 Loan
90 LTV
2 Year Fixed/30 Year Amortization
Brooklyn, NY
--Customer
wanted to put as little money down as possible, which enabled him to buy
additional investment properties--
Cash-out
Refinance
Owner Managed
188 Key Flagged Hotel
$4.237MM Loan
75LTV
10 Year Fixed/30 Year Am
Oklahoma
Purchase
Investment Property
18 Residential Units
$1.15MM Loan
75 LTV
15 Year Fixed/15 Year Amortization
Newark, NJ
--Self employed borrower showed little income on tax
returns and building did not meet standard debt service ratios--
Cash-Out Refinance
Owner-Occupied
Single Use Property - Retail
$1M Loan
61LTV
5 Year Fixed/20 Year Amortization
West New York, NJ
Cash-out
Refinance
Owner Managed
105
Key Flagged Hotel
$3.15MM Loan
69LTV
10 Year Fixed/30 Year Am
Arkansas
Purchase
Investor Owned
130 Key Flagged Hotel
$3.2MM Loan
70LTV
10 Year Fixed Term/30 Year Am
Jackson, TN
Refinance
Owner Managed
85 Key Independent Hotel
$1.32MM Loan
61LTV
10 Year Fixed Term/30 Year Am
Maryville, TN
--RKM Mortgage provided Stated hotel financing to allow
for low DCR--
Purchase
Investment Property
190 Unit Self-Storage
$2.892MM Loan
80LTV
10 Year Fixed/30 Year Am
Rochester, MN
Purchase
Investment Property
22 Unit Mixed Use – Retail and Office
$2.85MM Loan
75 LTV
10 Year Fixed/30 Year Amortization
Haddon Township, NJ
Purchase
Church
$521,500 Loan
65LTV
5 Year Fixed/25 Year Amortization
Hamden, CT
--Attorney referred client to RKM MORTGAGE for
difficult-to-find Church financing--
Purchase
Owner-Occupied
7 Unit Mixed Use - Industrial and Office
$735,000
75LTV
15 Year Fixed/15 Year Amortization
Bogota, NJ
--Property contained auto body shop, auto parts storage,
air conditioning unit shop, and four offices--
Purchase
Investor Owned
52 Key Independent Hotel
$1.615MM Loan
90CLTV
10 Year Fixed/30 Year Amortization
Petoskey, MI
Refinance
Investor Owned
205 Key Flagged Hotel
$4.5MM Loan
74LTV
10 Year Fixed/30 Year Amortization
Ann Arbor, MI
Cash-out
Refinance
Investor
Owned
165 Key Flagged Hotel
$6.15MM Loan
74LTV
10 Year Fixed/30 Year Am
Tennessee
Purchase
Owner Manager
94 Key Flagged Hotel
$1.96MM Loan
80LTV
10 Year Fixed/30 Year Amortization
Davenport, IA
| 
