Address: Fort Lauderdale, FL 33315
ARV: $470,000 (As-is)
Loan Amount: $282,500
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 60%
Loan Purpose: Cash Out Refinance
Funded April 19, 2024
At HML Solutions, we specialize in providing flexible solutions for borrowers—no matter where they are in the world.
This deal involved a residential condo located in Fort Lauderdale, Florida. Owned by a borrower residing in England, the property serves as a U.S.-based asset in a prime, high-demand rental and resale market. The well-maintained unit is situated in a desirable area known for its proximity to downtown, major highways, and coastal attractions—making it both a strong investment and a valuable long-term hold.
The borrower needed to access equity quickly to purchase equipment for a growing business venture overseas. While his long-term plan is to sell the property, timing was critical to secure this opportunity.
HML Solutions stepped in and provided a $282,500 short-term loan, unlocking the equity without the delays of traditional financing. Our streamlined process ensured a smooth transaction, giving the borrower immediate liquidity while preserving his ability to maximize value upon sale.
