Floor Plans Construction Loanopens IMAGE file Construction Loan Property

  • Loan Amount * $500,000
  • Collateral Valuation * $1,175,000
  • Term *12 months, First Lien, IO

 

Our borrower is a contractor building upgraded spec homes in Truckee, CA. He has recently built and sold two homes and is on his third project. Our loan will fund the completion of the job. The borrower plans to sell the home.
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