Citadel Servicing Corporation provided funds for this cash-out refinance in New Hope, PA of this single-family residence. CSC was able to provide the borrower with a 65% LTV loan at 7.125% on a 5/1 ARM after the borrower was declined my previous lender. CSC was able to use first appraisal that was submitted with file along with business bank statements and provide this Jumbo loan without extra fees or pricing.
PROPERTY:Â SINGLE FAMILY RESIDENCE
PURPOSE:Â CASH-OUT REFINANCE
LOAN AMOUNT:Â $2,372,500
LOCATION:Â NEW HOPE, PA
DATE FUNDED:Â SEPTEMBER 2019
BROKER FEE:Â $56,000