Ag Loan in Yolo County
Loan Amount * $1,400,000 Rate * 8.75% Appraised Value *$14,990,000 Term * 12 months, IO Lien Position * First Our Borrower was in contract to purchase a neighboring farm. We were asked to make a loan on the subject property for the acquisition and build out (planting)...
Vacation Rental Purchase in Jackson County, OR
Loan Amount * $198,000 Rate * 8.99% Appraised Value * $330,000 Term * 24 months, IO Lien Position * First Our Borrower was in contract to purchase a vacation rental. The Borrower did not have time for conventional financing. We were able to make the Borrower a...
Property Improvement Loan in Ventura County
Loan Amount * $1,450,000 Rate * 8.99% Appraised Value * $3,400,000 Term * 24 months, IO Lien Position * First Our Borrower owned a multi tenant office building and had a major tenant renewing. Certain improvements were required as part of the renewal so proceeds from...
