reportedly took out a $48.7 million mortgage to purchase the $70.4 million seaside mansion she bought in Malibu last fall, and used Brittany Spears' under-fire ex-manager to handle the deal.
The socialite, 42, borrowed the funds from investment bank BNY Mellon, which offers customized mega-mortgages for ultra-wealthy clients, for the sale that closed on September 12, according to documents reported by the .
It's unclear what kind of terms Kardashian may have gotten on her mortgage, but for the week of the sale, the national average rate on 30-year fixed mortgages with jumbo balances was 5.56% according to the Mortgage Bankers Association.
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