Remington Financial Group

To refinance the Brand Hotel in north Vermont , permanent financing was selected by the long time and repeat borrower of Remington Financial Group.

Remington Financial Group competed with the borrower’s options and won based on the extremely low rate it was able to secure along with other favorable terms such as low reserves and short time frame to close. This was the 7th deal transaction by Remington over an extended period which was based on the reliability and confidence portrayed in Remington by the borrower. This loan was set up on a ten year term with a rate fixed at five percent on a thirty year amortization.thirty-five %.