Lodge Financial closed on a $7,360,000 cash out refinance to buy out partners on a 96-unit apartment building located at 2260-2274 Jericho Road in Montgomery.
Loan details include the following:
- 80% cash out first and second mortgage combination with blended rate of 4.10%
- 5/1 ARM
- 30yr am
- Recourse
- Local Execution