Millionaire Scenic Views on Acreage in San Ramon, CA
Loan Amount * $650,000 Rate * 9.99% Appraised Value * $1.3MM Term * 12 Months, Interest Only Lien Position * First We made our borrower a rate and term refinance while he worked on his building plans. The borrower will pay off our loan with construction...
Vineyard purchase in Calaveras County, CA
Loan Amount * $700,000 Rate * 10.99% Appraised Value * $1.3MM Term * 24 Months, Interest Only Lien Position * Second Our borrower was purchasing an 85-acre property in Calaveras County. The seller was willing to carry financing but only in first position. Our borrower...
Agriculture Development in Northern California
Loan Amount * $100,000 Rate * 10.99% Appraised Value * $300,000 Term * 36 Months, Interest Only Lien Position * First Our reliable borrower came back for additional financing when he needed cash out for business operations.
Quick Close on Rural Land
Loan Amount* $375,000 Collateral Valuation: * $745,000 Term * 18 months, First Lien, IO Rate * 10.99% Our borrower was in escrow for the purchase of a large tract of land when the initial financing source backed out at the last minute. A fantastic mutual colleague...
