CASHOUT REFINANCE OF INVESTMENT PROPERTY IN ORANGE COUNTY, CA
Loan Amount: * $950,000.00 Rate: * 7.49% Appraisal Value: * $1,825,000 Term: * 12 months, IO Lien Position: * First Our Borrower is self-employed and needed quick capital for business expansion. This rental home was owned free and clear and we were able to provide the...
RANCH INVESTMENT PURCHASE IN HUMBOLDT COUNTY, CA
Loan Amount: * $1,050,000.00 Rate: * 9.00% Appraisal Value: * $2,100,000.00 Term: * 24 months, IO Lien Position: * First Our Borrower was involved in a 1031 and needed to close within 2 weeks. Conventional agricultural financing is difficult and timely. Our bridge...
Commercial Mixed-Use Real Estate Refi in Humboldt County, CA
Loan Amount * $295,000 Rate * 9.89% Appraised Value * $590,000 Term * 36 months, IO Lien Position * First Our Borrower acquired this real estate with seller carry back financing. The loan had matured and we were able to provide a bridge loan while the Borrower...