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01-16-2015, 03:22 PM #1
- Join Date
- Aug 2014
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- 194
Client/merchant that needs to take a loan/second against their home
I have a merchant that wants to take a second against their home in NY. They have approx $250k in equity and would like to net $200k - $250k. 1st position mortgage has a balance of approx $250k.
Also owns a couple of retail stores but has some pricey MCA's that they want to payoff with the home equity proceeds.
Please PM if anyone can help. I have a complete package ready and the merchant will provide anything else that is needed
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