- 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.