Quick Rehab and Sale in Phoenix, AZ
Loan Amount: $240,000 Rate: 7.99% Appraisal Value: $ 545,000 Term: 6 months Lien Position: First This is a referral from one of our repeat brokers/borrowers who will be managing the rehab and the re-sale of the property for the entity that purchased...
Equestrian Facility Improvements
Loan Amount: $50,000 Rate: 8.50% Appraisal Value: $ 175,000 Term: 54 months Lien Position: First The borrower wanted to expand an equestrian boarding and riding area on their rental property. We moved quickly to provide financing. The rate will adjust to 9.00% after...
Commercial Refinance
Loan Amount: $200,000 Rate: 10.00% Appraisal Value: $ 335,000 Term: 24 months Lien Position: First Maturing private money loans and an unsold property were not and ideal situation for our borrower. We worked with the existing lenders and restructured the debt. Our...
Mission Viejo Purchase Option
Loan Amount: $450,000 Rate: 7.99% Appraisal Value: $ 845,000 Term: 24 months Lien Position: First This borrower exercised the option to purchase this property at the right time. The broker who referred us the deal placed a small second behind our lien. After 12 months...
