© FUNDED LOAN SAN DIEGO COUNTY · CA
$1,575,000 1st DOT Refinance/Construction Loan, San Diego
First deed of trust · Refinance · Construction loan · Multi-family
SUCCESS STORY
A repeat borrower needed to refinance and fund construction on a multi-family building in San Diego.
LOAN GOAT ACTION
A $1,575,000 first trust deed refinance construction loan, at roughly 53% of value. The exit is stabilization and a refinance.
VALUE ADDED
The loan funded, and the borrower cleared the existing debt and kept the plan moving. The old loan was gone at closing.
© LOAN REQUEST 7-10 DAYS TO CLOSE
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