$770,000 Refinance of an SFR Portfolio in Pasadena, TX

LoanBase recently secured financing for an SFR portfolio consisting of six rental homes in Pasadena, TX.
The sponsor is a foreign national, which limited the pool of potential lenders.
Despite the challenge, we were able to leverage our extensive network to find the right mortgage provider for our client.
Further, LoanBase negotiated with the lender to get an interest-only option, helping to offset the current rate environment.