$4.2 Million Assisted Living Loan
After the borrower filed for personal bankruptcy, he searched for over a year for a lender to refinance his mortgage but to no avail. When the deal came to JIC's desk they looked beyond bank protocol and saw three strong assets - 90% occupied, profitable assisted living facilities. JIC understood the borrower on a personal level and saw his strong financial ability and looked beyond his credit history
The three-link broker chain was respected and paid a total of $126,000