LOAN REQUEST (619) 617-2797

© FUNDED LOAN JANUARY 2022

$1,657,000 1st DOT Purchase/Construction Loan

First deed of trust · Purchase · Construction loan · Land

SUCCESS STORY

A developer needed acquisition and construction financing for a land parcel.

LOAN GOAT ACTION

A $1,657,000 first trust deed purchase construction loan, at roughly 53% of value. The loan is repaid through the sale of the property.

VALUE ADDED

The loan funded, and the borrower completed the acquisition with the plan intact. The next phase started on time.

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