© FUNDED LOAN SAN DIEGO COUNTY · CA
$2,400,000 1st DOT Purchase/Bridge Loan, San Diego
First deed of trust · Purchase · Bridge loan · Land
SUCCESS STORY
A repeat borrower needed to close the purchase of a land parcel in San Diego after conventional lenders passed.
LOAN GOAT ACTION
A $2,400,000 first trust deed purchase bridge loan, at roughly 47% of value. The loan is repaid through permanent financing.
VALUE ADDED
The loan funded, and the borrower completed the acquisition with the plan intact. The next phase started on time.
© MORE FUNDED LOANS BRIDGE LOANS
MORE FUNDED LOANS
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$2,000,000 1st DOT Refinance/Bridge Loan
A developer needed to refinance the existing debt on a residential subdivision in Lakeside.
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$1,312,500 1st DOT Purchase/Bridge Loan
A repeat borrower needed to close the purchase of a residential property with an ADU plan on a tight timeline.
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$2,900,000 1st DOT Purchase/Construction Loan
A developer needed acquisition and construction financing for a multi-family building in Normal Heights, San Diego on a tight timeline.
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