© FUNDED LOAN SAN DIEGO COUNTY · CA
$1,290,000 1st DOT Refinance/Construction Rehab Loan, San Diego
First deed of trust · Refinance · Construction Rehab loan · Single-family
SUCCESS STORY
A repeat borrower needed to refinance and fund construction on a single-family home in San Diego.
LOAN GOAT ACTION
A $1,290,000 first trust deed refinance construction rehab loan, at roughly 65% of value, with a construction holdback released on draws. Payoff comes from stabilization and a refinance.
VALUE ADDED
The loan funded, and the borrower retired the old loan and kept the project on track.
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A developer needed to refinance and fund construction on a single-family home in North Park, San Diego.
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$1,100,000 1st DOT Refinance/Bridge Loan
A real estate investor needed to refinance the existing debt on an industrial building.
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