Borrower found that the traditional banks were more hesitant to lend on investment properties than they imagined. The brokers knew the clock was ticking and turned to Seattle Funding Group to fund the transaction. SFG promptly evaluated the market and determined that the property was in a coveted location due to the excellent views of the ocean, views of Diamond Head as well as the city. The home is and has been a rental and local demand for rentals appears to be very bright. Another quality loan for the SFG portfolio.
45% LTV
Seattle Funding Group would like to thank Rob Burns with East Oahu Realty. Rob’s knowledge of the Honolulu marketplace was instrumental in helping us reach a loan decision quickly for the borrower. Over the years Rob has become SFG’s ‘go to person’ for evaluating properties in and around Honolulu. SFG is proud to recommend Rob to anyone wanting an agent with a terrific grasp on the Honolulu market place.
