Fixed interest rate for years 1-5; variable for years 6-10. Our client was a relatively new real estate investor and didn’t have a strong fico score. His income was tricky because of losses from a previous year and he was in the middle of merging entities during the refinance process, but we were able to close without the final terms of the entity merger. In addition, we were able to get the borrower $50,000 more than the approved loan amount.