© FUNDED LOAN SAN DIEGO COUNTY · CA
$1,900,000 1st DOT Refinance/Construction Rehab Bridge Loan, San Diego
First deed of trust · Refinance · Construction Rehab Bridge loan · ADU project
SUCCESS STORY
A family needed to refinance and fund construction on a residential property with an ADU plan in South Park, San Diego.
LOAN GOAT ACTION
A $1,900,000 first trust deed refinance construction rehab bridge loan, at roughly 49% of value. The loan is repaid through a construction loan once the plans are approved.
VALUE ADDED
The loan funded, and the borrower replaced the maturing debt and kept control of the property. The property stayed in the borrower's hands.
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