Bridge Loan on Home in Foreclosure in Humboldt County
Loan Amount: $94,500 Rate: 9.25% Appraisal Value: $150,000 Term: 6 months Lien Position: First Property was days from auction. We were able to make a bridge loan for the...
Sacramento, CA Infrastructure Construction Loan
Loan Amount * $800,000.00 Rate * 10.99% Combined Appraised Value * $ 3,600,000 Term * 10 months Lien Position * First Our borrower was beginning the construction of 12 homes located on the River in Sacramento. Our loan was to build the podiums for the eventual homes...
Martinez Fix ‘n Flip
Loan Amount * $216,000.00 Rate * 8.50% Appraisal Value * $360,000.00 Term * 12 months Lien Position * First This was a returning borrower who was in contract to purchase a SFR in Martinez. Our borrower is very experienced in real estate and plans to remodel and sell...
Los Angeles, Studio City Area Contemporary Home
Loan Amount: $705,000 Rate: 5.99% Appraisal Value: $1,830,000 Term: 12 months Lien Position: First Borrower and property qualified for our Best for Best program. Having cash resources available, the borrower wanted to restructure the existing debt on this newly...
