IceCap’s BlueFin Group Funds $1,210,000 DSCR Cash-Out Refi Loan in Brooklyn, NY

IceCap’s BlueFin Group has funded a $1,210,000 DSCR cash-out refinance loan for a property in Brooklyn, NY. This financing solution provided the borrower with a competitive rate and flexible terms to optimize their investment strategy.

Transaction Details:

• Loan Type: DSCR Cash-Out Refi
• Market: Brooklyn, NY
• Loan Amount: $1,210,000
• Terms: 10 years interest-only, followed by 20 years amortization
• Prepayment Terms: 5/4/3/2/1 PPP
• Quick Closing!
• Lender: Shai Galapo & Ezra Dweck – IceCap’s BlueFin Group

IceCap’s BlueFin Group continues to provide direct lending solutions tailored to real estate investors’ needs.