Gated Community Fix ‘n Flip
Loan Amount: $318,000 1st / $53,000 2nd Rate: 9.99% 1st / 12.00% 2nd Appraisal Value: $530,000 Term: 6 months Lien Position: First These borrowers are experienced fix and flip investors who specialize in Maricopa County high end homes. They search out well priced,...
SFR on 2 Acres in Highland CA
Loan Amount: $120,000.00 Rate: 8.85% Appraisal Value: $214,000.00 Term: 24 months Lien Position: First This borrower had a loan maturing. We were able to provide a mid-term bridge loan, allowing ample time, while she prepared for long term conventional...
Partial Remodel in Eureka, CA
Loan Amount: $105,000.00 Rate: 8.99% Appraisal Value: $105,000.00 Term: 12 months Lien Position: First Here is a great example of a relationship with a past client. Our borrower was buying a partially completed remodeled house. He asked if we could finance the house...
54 Acres of Develop-able Land in Sonoma County
Loan Amount: $310,000.00 Rate: 9.75% Appraisal Value: $ 690,000.00 Term: 24 months Lien Position: First The borrower found this great piece of land to develop into multiple estate style homes. The plans are to sell some parcels as land and sell the rest as move-in...