Vacation Rental on the River in Trinity County
Loan Amount: $160,000 Rate: 8.75 Appraisal Value: $320,000 Term: 12 months Lien Position: First Our borrower was competing against 5 other offers so time was of the essence. We were able to close this transaction within 10 days from acceptance of the...
Home on 118 acres in Trinity County
Loan Amount: $400,000 Rate: 9.50% Appraisal Value: $798,000 Term: 36 months Lien Position: First Our borrower was in contract to purchase a home on 118 acres in Trinity County. We had 15 days to close and the seller was unwilling to extend due to backup offers....
7 Units in Humboldt County
Loan Amount: $150,000 Rate: 8.25% Appraisal Value: $400,000 Term: 24 months Lien Position: First Our borrower owned 7 units with very little debt. We were able to refinance the debt and provide a cash...
Bridge Loan on Home in Foreclosure in Humboldt County
Loan Amount: $94,500 Rate: 9.25% Appraisal Value: $150,000 Term: 6 months Lien Position: First Property was days from auction. We were able to make a bridge loan for the...
