Commercial Loan Success Stories
New Owners reviving neighborhood restaurant
- Loan Amount * $414,000
- Rate * 9.99%
- Appraised Value * $690,000
- Term * 15 year recast amortizing
- Lien Position * First
Interstate Shipping Development in Southern California
- Loan Amount * $1,340,000
- Rate * 9.99%
- Appraised Value * $3,580,000
- Term * 12 Months, Interest Only
- Lien Position * First
Desert Mansion with land development value
- Loan Amount * $4,000,000
- Rate * 8.99%
- Appraised Value * $9,750,000
- Term * 12 Months, Interest Only
- Lien Position * First
Development keeping with parcel size limit
- Loan Amount * $1,100,000
- Rate * 8.99%
- Appraised Value * $2,000,000
- Term * 12 Months, Interest Only
- Lien Position * First
Medical facilities development
- Loan Amount * $1,700,000
- Rate * 9.50%
- Appraised Value * $4,250,000
- Term * 18 Months, Interest Only
- Lien Position * First
Light Industrial buildout
- Loan Amount * $1,300,000
- Rate * Index +4.99%
- Appraised Value * $2,350,000
- Term * 24 Months, Interest Only
- Lien Position * First
Quick Close to Purchase within Escrow
- Loan Amount * $500,000
- Rate * 8.99%
- Appraised Value * $1,450,000
- Term * 2 Months, Interest Only
- Lien Position * First
Investment Property Construction
- Loan Amount * $650,000
- Rate * 9.49%
- Appraised Value * $915,000
- Term * 6 Months, Interest Only
- Lien Position * First
Builder-Seller Securing Rural Acreage
- Loan Amount * $650,000
- Rate * 10.50%
- Appraised Value * $1,500,000
- Term * 6 Months, Interest Only
- Lien Position * First