RESIDENTIAL REAL ESTATE

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Spearhead Commercial Capital recently closed a refinance loan in Jackson, Mississippi, on a stabilized portfolio for 28 single-family properties. The investor/builder was looking to refinance his construction loan at his local bank to have the capacity for future custom home builds. Spearhead Commercial Capital sourced a non-recourse loan for ten years at 4% interest that allowed the borrower the ability of future loans at his local bank and provided a cash-out for a down payment on a separate multifamily investment property.