Fast Close on Central CA Ranch House
Loan Amount * $1,100,000 Rate * 10.49% Appraised Value * $1,795,000 Term * 12 Months, Interest Only Lien Position * First We bridged the financing to help this borrower close the purchase. They will refinance with a traditional bank or sell other real estate holdings...
Construction Professional Renovates for Investment
Loan Amount * $240,000 Rate * 9.49% Appraised Value * $400,000 Term * 12 Months, Interest Only Lien Position * First A return borrowing contractor was highly interested in this handman special property that was not ready for bank financing. He will do most of the work...
Specialty Agri-Production and Processing in Central California
Loan Amount * $2,500,000 Rate * 10.49% Appraised Value * $5,950,000 Term * 60 Months, Partial Balloon Lien Position * First Our borrower was renting the subject property and was interested in purchasing it. We were able to get creative with the financing and allow...
Humboldt County Ranch Cash Out Refinance
Loan Amount * $1,400,000 Rate * 10.99% Appraised Value * $2,965,000 Term * 36 Months, Interest Only Our borrower is working to turn the equity into tangible production. We underwrote this cash out refinance on a large Humboldt County ranch with robust timber and...
