- Sep 12
- 0 min
ONE-STOP SOLUTION
FOR
FINANCIAL & REAL ESTATE
TODAY'S RATES & NEWS
COMMERCIAL
Nov 3, 2022
-
Prime Rate:
-
25 Year SBA 504:
-
CRE 5 Year Fixed:
-
CRE 7 Year Fixed:
-
CRE10 Year Fixed:
-
Owner-User 25 Yr:
7.000%
6.439%
6.00%
6.50%
7.00%
6.125%
RESIDENTIAL
Nov 3, 2022
30 Year Fixed Rate
6.625%
(6.704% APR)
Scenario based on $647,200 Conforming Loan Amount, 760 FICO, refinance or purchase, 75% LTV on an owner-occupied SFR.
PROMOTION
-
$0 appraisal fee when you finance with us (Only residential mortgage)
-
Business Line of Credit up to $100,000 (No Tax Return)
-
50% Discount on the commercial appraisal fee
NEWS
Our Recent Transactions
Gas Station Loan (Refi & Cash Out) - Closed in April 2022
The borrower wanted to refinance and cash out. However, the borrower was not able to find a lender who could do cash out up to 60%. Through our lending network, we found a local lender and funded loan up to 60% of the appraisal value. Additionally, the interest rate we received was much lower than what the borrower used to pay!
Business Transaction / SBA Financing - Closed in Aug 2022
Well-established franchise business - We sold the business and also did SBA financing for the buyers.
Townhouse in Rancho Palos Verdes (the Terraces) - To be closed on August 2022
Both purchase transaction and financing arranged by Solidon
Motel Financing 140 Rooms
- Closed in October 2022
Refinanced the existing commercial loans through SBA financing including property improvement cash out.
Townhouse in Rancho Palos Verdes - Closed in July 2022
Both purchase transaction and financing arranged by Solidon / 4.50% 5-Yr ARM / No Tax Return Loan
Warehouse / Flex Building - Closed in Feb 2022
NNN Leased Investment / CAP 5.75% / $2,000,000 / 5 Year Lease Term / 6,000SF Industrial Condo
Refi for Investment Property (Fourflex) - Oct 2021
3.375% for 30 Years!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Cash Out from Investment Property - Closed in Feb 2022
Well, rates are going up, but we think it is still low!
3.875% for the next 30 years!
3.875% for the next 30 years!
8-Unit Apartment in Torrance
(Closed)
Property sold in Sept 2021.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
RATES ARE STILL LOW!!! (Nov 2021)
It is not too late!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
Town Home in Torrance
*Listing Agent
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
Fourflex in Koreatown
* Closed in Sept 2021
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition
SFR in Ameridge Heights in Fullerton
* Closed in August 2021
* Selling Agent
* Our offer was accepted in a highly competitive market.
* Buyer received 1% of sale price.
* Selling Agent
* Our offer was accepted in a highly competitive market.
* Buyer received 1% of sale price.
Industrial (Flex) Building in Irvine
* Closed on July 2021
* Selling Agent
* Offer accepted in a competitive market.
* Buyer received 1% of sale price at closing.
* Selling Agent
* Offer accepted in a competitive market.
* Buyer received 1% of sale price at closing.
Gas Station Loan (Refi & Cash Out) - Closed in April 2022
The borrower wanted to refinance and cash out. However, the borrower was not able to find a lender who could do cash out up to 60%. Through our lending network, we found a local lender and funded loan up to 60% of the appraisal value. Additionally, the interest rate we received was much lower than what the borrower used to pay!
Business Transaction / SBA Financing - Closed in Aug 2022
Well-established franchise business - We sold the business and also did SBA financing for the buyers.
Townhouse in Rancho Palos Verdes (the Terraces) - To be closed on August 2022
Both purchase transaction and financing arranged by Solidon
Motel Financing 140 Rooms
- Closed in October 2022
Refinanced the existing commercial loans through SBA financing including property improvement cash out.
Townhouse in Rancho Palos Verdes - Closed in July 2022
Both purchase transaction and financing arranged by Solidon / 4.50% 5-Yr ARM / No Tax Return Loan
Warehouse / Flex Building - Closed in Feb 2022
NNN Leased Investment / CAP 5.75% / $2,000,000 / 5 Year Lease Term / 6,000SF Industrial Condo
Refi for Investment Property (Fourflex) - Oct 2021
3.375% for 30 Years!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Cash Out from Investment Property - Closed in Feb 2022
Well, rates are going up, but we think it is still low!
3.875% for the next 30 years!
3.875% for the next 30 years!
8-Unit Apartment in Torrance
(Closed)
Property sold in Sept 2021.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
RATES ARE STILL LOW!!! (Nov 2021)
It is not too late!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
Town Home in Torrance
*Listing Agent
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
Fourflex in Koreatown
* Closed in Sept 2021
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition
SFR in Ameridge Heights in Fullerton
* Closed in August 2021
* Selling Agent
* Our offer was accepted in a highly competitive market.
* Buyer received 1% of sale price.
* Selling Agent
* Our offer was accepted in a highly competitive market.
* Buyer received 1% of sale price.
Industrial (Flex) Building in Irvine
* Closed on July 2021
* Selling Agent
* Offer accepted in a competitive market.
* Buyer received 1% of sale price at closing.
* Selling Agent
* Offer accepted in a competitive market.
* Buyer received 1% of sale price at closing.
Gas Station Loan (Refi & Cash Out) - Closed in April 2022
The borrower wanted to refinance and cash out. However, the borrower was not able to find a lender who could do cash out up to 60%. Through our lending network, we found a local lender and funded loan up to 60% of the appraisal value. Additionally, the interest rate we received was much lower than what the borrower used to pay!
Business Transaction / SBA Financing - Closed in Aug 2022
Well-established franchise business - We sold the business and also did SBA financing for the buyers.
Townhouse in Rancho Palos Verdes (the Terraces) - To be closed on August 2022
Both purchase transaction and financing arranged by Solidon
Motel Financing 140 Rooms
- Closed in October 2022
Refinanced the existing commercial loans through SBA financing including property improvement cash out.
Townhouse in Rancho Palos Verdes - Closed in July 2022
Both purchase transaction and financing arranged by Solidon / 4.50% 5-Yr ARM / No Tax Return Loan
Warehouse / Flex Building - Closed in Feb 2022
NNN Leased Investment / CAP 5.75% / $2,000,000 / 5 Year Lease Term / 6,000SF Industrial Condo
Refi for Investment Property (Fourflex) - Oct 2021
3.375% for 30 Years!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Why don't you buy multi-family unit for yourself before rates are going up?
You should be appreciated soon!
Cash Out from Investment Property - Closed in Feb 2022
Well, rates are going up, but we think it is still low!
3.875% for the next 30 years!
3.875% for the next 30 years!
8-Unit Apartment in Torrance
(Closed)
Property sold in Sept 2021.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
Escrow closed in 40 days.
Seller paid only 3.5% total commission, saved more than $50,000 in the commissions.
RATES ARE STILL LOW!!! (Nov 2021)
It is not too late!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
2.99% FIXED for 30 Year
Borrower paid nothing!
All the costs paid by the lender!
Town Home in Torrance
*Listing Agent
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
* Closed in Sept 2021
*Sold for more than asking price
*Escrow closed within 30 days.
*Quick and easy transaction
Fourflex in Koreatown
* Closed in Sept 2021
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition
* Listing Agent
* Sold for asking price
* Gross rent multiplier 16.50 x
* Sold as is condition