Memphis 48-Door Portfolio Refi
4.25% rate, 70% LTV, cash out refi
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Germantown
,
TN
Amount: $
1745732
StackSource recently closed a cash out refinance loan for a Memphis based investor that had acquired a large portfolio of single family rental homes in the greater Memphis area. The sponsor was seeking a refinance to primarily pull out equity, consolidate loans and lock into a longer and lower fixed rate. StackSource Capital Advisor Chris Peters arranged financing with a private lender that was able to offer cash out up to 70% LTV and a 30-year fixed rate at 4.25%.
Deal Team
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