- Loan Amount* $150,000
- Collateral Valuation: * $400,000 as completed
- Term * 12 months, First Lien, IO
- Rate * 9.74%
We have a great relationship with our borrowers. This house is owned by the sister of a repeat borrower. Placing family financing in our care speaks volumes to the integrity of our team. Our loan was used to construct two additional accessory dwelling units behind the house.