Funded: $500,000 Brooklyn, NY

July 2017

Saxon Spencer Capital Funds $500,000 refinance in Brooklyn, New York. Subject Property is a two story mixed-use property in need of major renovations. Borrower inherited the Subject Property free of any mortgages however the real estate taxes had been unpaid for over 10-years. Borrower had no credit and no verifiable income. Proceeds paid off the outstanding taxes and other liens plus cash-out to borrower at closing to perform essential repairs. Borrower intends to sell the property. Loan closed in 5-days.

Saxon Spencer Capital is a direct lender with no upfront fees. For further information on available loan programs or to submit a loan for review, send e-mail to: [email protected]