Local real estate investor wanted to pull some cash-out on his fully-leased, neighborhood commercial, mixed use property. As with many conforming, credit based lenders these days, cash-out is not an option regardless of loan to value or credit standing. The property is located in an upscale neighborhood of Seattle near the lake. Seattle Funding Group quickly analyzed value and closed the loan in less than 2 weeks at an LTV of under 60%. Property value is in excess of $1,500,000.
