$1.5M MOTEL REFINANCE
1st Lien Refinance/ Conventional
4.5% Fixed for 5 years on 20 years amortization
Rodeway Inn Motel
South Austin, TX
Client came to V3 Lending when they wanted to reduce their interest rate after their pre payment penalty expired on their SBA 504 Conventional 1st loan. V3 Lending was able to reduce the clients rate from 7% to 4.5% on a 5 years fixed with a 20 year amortization.