• Loan Amount: $700,000
• Rate: 6.75%
• Appraisal Value: $ 2,250,000
• Term: 36 months
• Lien Position: First

This is one of two loans we made for the same borrower in a San Rafael Business Park directly off Hwy 101 in Marin County. This is a fixed rate commercial loan at 6.75%. Our borrower needed funds quickly so we closed before we had the appraisal in hand.