Commercial Loan Success Stories
Renovation using real estate leverage
- Loan Amount * $200,000
- Rate * 8.5%
- ReProp’s Value * $600,000
- Term * 24 Months, Interest Only
- Lien Position * First
Developer refinance improves flexibility in terms
- Loan Amount * $110,000
- Rate * 9.99%
- ReProp’s Value * $340,000
- Term * 6 Months, Interest Only
- Lien Position * First
Contractor looking for a quick close
- Loan Amount * $300,000
- Rate * 9.50%
- ReProp’s Value * $590,000
- Term * 6 Months, Interest Only
- Lien Position * First
Restaurant Renovation
- Loan Amount * $182,500
- Rate * Prime +
- ReProp’s Value * $818,000
- Term * 120 Months, IO for 6.
- Lien Position * First
Retail and Light Industrial Construction
- Loan Amount * $900,000
- Rate * 9.49%
- Appraised Value * $2,700,000
- Term * 18 Months, Construction
- Lien Position * First
Renovation Capital for Repeat Borrower
- Loan Amount * $100,000
- Rate * 9.00%
- Appraised Value * $320,000
- Term * 12 Months, Interest Only
- Lien Position * First
Lot purchase to construct car wash for experienced borrower
- Loan Amount * $1,425,000
- Rate * 8.49%
- Appraised Value * $2,850,000
- Term * 12 Months, Interest Only
- Lien Position * First
Bridge financing for owner acquisition
- Loan Amount * $1,115,000
- Rate * 8.49%
- Appraised Value * $2,160,000
- Term * 12 Months, Interest Only
- Lien Position * First
Bridge Loan to close escrow on Multi-Tenant offices
- Loan Amount * $1,400,000
- Rate * 7.99%
- Appraised Value * $3,640,000
- Term * 12 Months, Interest Only
- Lien Position * First