Posted By: ahou
Unsecured Refi to Non Profit - 02/22/18 09:15 PM
I'm just throwing this out here...because they are making me 
Loan to refi commercial loan (refi of loan to purch commercial building at another bank) The loan is $160,000 to non-profit that serves the aging population. No cash out. The bank wants to categorize it as a CD loan. Bank is an Intermediate Bank.
Loan to refi commercial loan (refi of loan to purch commercial building at another bank) The loan is $160,000 to non-profit that serves the aging population. No cash out. The bank wants to categorize it as a CD loan. Bank is an Intermediate Bank.