INFRASTRUCTURE CONSTRUCTION LOAN IN RIVERSIDE COUNTY, CA
Loan Amount * $1,500,000 Rate * 12.89% Appraised Value * $3,000,000 Term * 24 months, Partially Amortizing Lien Position * First Our Borrower had a land lease in place for a Cannabis Cultivation tenant. Our Borrower was responsible for the infrastructure and then the...
LAKEFRONT HOME ON LAKE TAHOE
Loan Amount: * $525,000 Rate: * 6.99% Appraisal Value: * $1,950,000 Term: * 24 months, IO Lien Position: * First Our Borrower owned a home free and clear and needed cash out quickly for business expansion. Our loan will be paid off a conventional...
Warehouse Refinance in Oakland, CA
Loan Amount * $600,000 Rate * 13.89% Appraised Value * $1,260,000 Term * 15 months Lien Position * First Our Borrower paid cash a few months prior for this warehouse. Our loan was a cash out refinance for property improvements. The borrower requested a fixed rate, 15...
Luxury Home in Rancho Santa Fe
Loan Amount: $1,000,000.00 Rate: 6.99% Appraisal Value: $2,450,000.00 Term: 24 months Lien Position: First Our borrower purchased this home 6 months earlier with cash. We were able to provide a cash out of $1 million for the borrower to invest the capital back into...
