Borrowers apartment building had a fire and was completing the rehab of the units over the past year. With so many units being vacant through COVID he was unable to produce the rental history needed for a conventional loan; even with the property being 80% occupied. The Broker who has been working with SFG for years knew we could provide the time needed to stabilize the property and then go back and get the lower rate bank loan. SFG provides time your clients need with great rates and terms and an easy and quick process.
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