• Loan Amount * $500,000
  • Rate * 8.49%
  • Appraised Value * $4MM
  • Term * 12 Months, Interest Only
  • Lien Position * First

Our borrower was in contract or purchase a large tract of land with a Large Track Dwelling approval in place. He has been working with a conventional Ag lender who continued to drag their feet. ReProp was able to step in and close the purchase quickly.

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