Cash out Refi on Multi-Family Building in Los Angeles County
Loan Amount * $387,500 Rate * 9.99% Appraised Value * $775,000 Term * 24 months, IO Lien Position * First Our borrower owned a multi-family property with a lot of equity. He wanted to pull some equity out to make exterior and interior improvements. Once the...
Multi-Collateral Loan in Contra Costa County
Loan Amount * $1,500,000 Rate * 8.49% Appraised Value * $2,700,000 Term * 12 months, IO Lien Position * First Our Borrowers owned and operated multiple assisted living facilities in the East Bay. They needed quick capital for business purposes and requested we make a...
Bridge Loan on Rental Home in Eureka, Ca.
1st Lien of Loan * $55,000 Collateral Valuation * $200,000 Term * 12 months, IO Rate * Call or Visit to Inquire The constraints of traditional depository institutions are in place to protect the public’s deposits from risk and the institution from complicated...