© FUNDED LOAN MAY 2022
$1,800,000 1st DOT Refinance/Construction Loan
First deed of trust · Refinance · Construction loan · Land
SUCCESS STORY
A repeat borrower needed to refinance and fund construction on a land parcel.
LOAN GOAT ACTION
A $1,800,000 first trust deed refinance construction loan, at roughly 60% of value. The loan is repaid through stabilization and a refinance.
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.
© LOAN REQUEST 7-10 DAYS TO CLOSE
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