Wilmington, OH (PRWEB) February 23, 2015
C4 Financial announced today that it has placed a $3.375 million dollar loan on a refinance of a 98 unit apartment complex in Wilmington, Ohio at 75% LTV.
Working on behalf of the borrower, Mark Ramp secured the debt with Rialto Mortgage Finance, LLC. The lending program allowed the borrower, with a section 8 housing project and a 5 year HAP contract, to take advantage of a 10 year term amortizing 25 years on a fixed rate loan based off the 10 year swap rate.
C4 Financial exists to provide the most comprehensive financing packages for commercial real estate projects. Our network of banking relationships, institutional lenders, and life insurance companies allow us to offer the most competitive financing options to our clients. C4 Financial was founded as a way to facilitate integration between investors of all sizes with the lending institutions that provide the best financing avenues. C4 Financial is a corporation that works on maintaining hands on, one on one approach to investor financing. For more information, please visit http://www.c4financial.com.