$1,400,000, refi
4.25 % fixed, locked at application
10 year fixed rate loan
30 year amortization
Personal guarantee for 25% of loan amount
Prepayment Penalty: 2,2,2,0,0,0,0,0,0,0
Savings bank execution. Sponsor was sensitive to having a long open prepayment period, limited recourse, and a 10 year fixed rate.
Closed by Dan Bockstoce and Michael Brown
db@banyancc.com
mb@banyancc.com
