Portfolio loan of the Week:

Our client was looking to add a 2 story addition nearly doubling the sq ft of his home.  The current outstanding balance was $240K and the improvements were another $200K and the estimated value after completion would be $530K.  Our portfolio loan offered a construction loan of $400,000 and required an investment in the project of 20% of the improvements.  We were able to offer a rate of 4.125% (APR of 4.222) in a 3/1 Arm

The Arlington Banks portfolio lending offers flexible mortgage financing solutions.

 

 

Brent Diebert    Apply Now

Mortgage Lending Professional   

 

The Arlington Bank

4621 Reed Rd

Columbus, OH 43220

Office:       614-486-3843

Mobile:     614-571-3554

Fax:          614-430-8116