• Loan Amount * $350,000
• Rate * 9.89%
• Appraised Value * $800,000
• Term * 36 Months, Interest Only, Step-up after 12 months
• Lien Position * First

A referral from a local broker lead this borrower to ReProp. The borrower wanted to make some upgrades to his farm facilities. The loan will be paid off from the farm operations.