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Here's a summary to review... Utah 2nd home $7.5M appraised value Current loans: 1st hard money lien $3M $30,000 a month payment 2nd hard money lien $417,000 $4,800 a month payment 8 MCA loans $393,015 $6,877 a day X 21 days = $144,417 a month Current monthly payments: $172,217 Total mortgage and MCA debt $3,763,106 add 5% lender/broker fees: 188,150 Total loan amount $3,951,256 Term sheet @ 9.5% 5/30 5 year fixed, no prepayment penalty New monthly payment with this loan: $33,224 Current monthly payment $172,217 Monthly saving: $138,993 Additional personal debt of $225,000 to be paid - debtors to be determined. New loan amount $4.5M Term sheet for $4.5M up to 60% LTV on $7.5M value 30 year loan at 9.5% fixed for 5 years/amortized 30 No prepayment penalty New monthly payment with personal debt: $37,838 Back up term sheet for 50% LTV $3.5M based on $7M value 10.49% amortized 30 years $31,989 a month payment Prepayment penalty of 5,4,3,2,1 over 5 years. 2% lender fee 1% my buddy source connection fee 2% split between me and referring broker

Steve BenjaminProfessional Business Loans Irvine, CA 92620 SteveProBiz@gmail.com https:/probizloans.net/ 949-228-1050