© FUNDED LOAN SAN DIEGO COUNTY · CA
$1,050,000 2nd DOT Refinance/Bridge Loan, San Diego
Second deed of trust · Refinance · Bridge loan · Multi-family
SUCCESS STORY
A repeat borrower needed to refinance the existing debt on a multi-family building in Point Loma, San Diego.
LOAN GOAT ACTION
A $1,050,000 second trust deed refinance bridge loan, at roughly 60% of value. Payoff comes from a construction loan once the plans are approved.
VALUE ADDED
The loan funded, and the borrower retired the old loan and kept the project on track.
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$1,020,000 1st DOT Purchase/Bridge Loan
A family needed to close the purchase of a residential property with an ADU plan in Golden Hill, San Diego on a tight timeline.
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