This husband-and-wife doctor duo needed a loan to purchase and renovate their dream office. The purchase price was $1 million, and renovations totaled $495,000. Once we rolled in the closing costs, working capital and cost overruns, the final loan amount was $1,443,200.
What made this file even more complicated was that the doctors were also diverse in their business holdings. Each doctor owned multiple entities, which meant that their submission file was quite large – but we were able to get the deal done! We are the SBA experts, and know exactly how to manage large files and identify any issues before closing – saving you time, and getting your loan issued faster.
If you have a deal like this, explore your options by using our fast, no document Loan Finder App, or give us a call at (888) 959-1648.