A package deal in the Hauppauge and Greenport market has been closed with a loan from Washington Equity & Funding Corp. The loan amount for this acquisition is $1,200,000. The loan type is an acquisition loan, and it falls under the category of a direct private short-term mortgage loan.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $1,200,000

Alex Piroozian, the representative of Washington Equity & Funding Corp, assisted in facilitating this deal. Washington Equity & Funding Corp has been serving the private real estate investment community for over 25 years. They specialize in fix and flip loans and handle underwriting, processing, funding, and servicing in-house.

The loan terms offered by Washington Equity & Funding Corp include:

• One-hour loan approval
• Closings in as little as 24 hours with clear title
• Up to 100% financing for purchase and renovation
• Repayment terms up to 2 years
• Very competitive market-priced rates
• One to five family, mixed-use properties
• Loans ranging from $150K to $1 Million+
• Preapproval letters provided

For more information, please contact Manny at 516-423-9818 or email [email protected]. You can also reach out to Alex at 516-423-9770 or email [email protected].