South End Capital Funds a $750,000, No Tax Return, Permanent Mortgage Secured by a Restaurant / Liquor Store Property

We are pleased to announced that we’ve just funded $750,000 to refinance the 1st mortgage of this restaurant and liquor store property. We also provided $354,000 of unrestricted cash-out, didn’t require tax returns and closed in just over 30 days!┬áThe borrower had a 654 middle credit score and couldn’t provide tax returns which was not a problem for our flexible Small Balance Commercial program.