Mini Golf Facility in the Sacramento area
Loan Amount: $240,000 Rate: 8.75% Appraisal Value: $ 545,000 Term: 180 months Lien Position: First The borrower was referred to us by an institutional lender with whom we have a long-term relationship. The borrower needed to refinance a maturing loan and make sure the...
Office and Warehouse in Vancouver, WA
Loan Amount: $245,000 Rate: 8.99% Appraisal Value: $1,290,000 Term: 12 months Lien Position: First The borrowers had been working on the acquisition of this property for some time. Initially it was going to be a cash transaction, but then they heard about us, our...
Business Opportunity
Loan Amount: $200,000 Rate: 9.50% Appraisal Value: $ 400,000 Term: 36 months Lien Position: First Another repeat business from existing customers and another fast turnaround. One week from terms to funding. Borrowers tapped the equity of one of their commercial...
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...