- Loan Amount * $850,000
- Rate * Call to Inquire
- Appraised Value * $1,540,000 as complete
- Term * 12 Months, Interest Only
- Lien Position * First
Our borrower is remodeling a retail store into multiple professional office units. They had experience with a particular contractor and came to ReProp for financing with only one week to close. ReProp was able to approve the contractor and the loan in short and close on time.