Specialty Agri-Production and Processing in Central California
Loan Amount * $2,500,000 Rate * 10.49% Appraised Value * $5,950,000 Term * 60 Months, Partial Balloon Lien Position * First Our borrower was renting the subject property and was interested in purchasing it. We were able to get creative with the financing and allow...
Humboldt County Ranch Cash Out Refinance
Loan Amount * $1,400,000 Rate * 10.99% Appraised Value * $2,965,000 Term * 36 Months, Interest Only Our borrower is working to turn the equity into tangible production. We underwrote this cash out refinance on a large Humboldt County ranch with robust timber and...
¾ Acre with House and River Access
Loan Amount * $100,000 Rate * 11.99% Appraised Value * $400,000 Term * 12 Months, Interest Only Lien Position * First Our return borrower bought the property from a friend in need, but the bank refused payments from the new borrower! The bank settled with our borrower...
