Mini Storage Partner Buyout in Shasta County
Loan Amount: $200,000 Rate: 9.50% Appraisal Value: $400,000 Term: 24 months Lien Position: First The loan was made for a partner buyout as well as an escrow holdback for capital improvements. Once stabilized, the borrowers will be able to get bank...
Foreclosure Purchase in Humboldt County
Loan Amount: $225,000 Rate: 8.99% Appraisal Value: $375,000 Term: 6 months Lien Position: First Borrower was competing against multiple offers for this fix and flip. Our loan was used to compete as a cash offer and quick...
Residential Ag Purchase in Ventura County
Loan Amount: $1,500,000 Rate: 10.50% Appraisal Value: $ 2,800,000 Term: 12 months Lien Position: First Borrower needed to close this loan quickly. This loan closed within 5 business days of initial...
Vacation Rental on the River in Trinity County
Loan Amount: $160,000 Rate: 8.75 Appraisal Value: $320,000 Term: 12 months Lien Position: First Our borrower was competing against 5 other offers so time was of the essence. We were able to close this transaction within 10 days from acceptance of the...
