Home Value: $5.2 MM
LTV: 70% LTV
Loan: 1st TD of $3.64 M
Terms: 5/1 ARM 5.25%
Challenge: The borrower was looking for a common-sense loan program to pay-off an IRS tax lien and replenish cash reserves. Due to inconsistent cash flow, Insignia Mortgage located a lender willing to offer competitive terms on a large cash-out refi. Closed in under 35 days.
Cash-out Refinance Little Holmby To Pay-off IRS Tax Lien
