Investment Purchase in Hood River County, OR
Loan Amount: $315,000.00 Rate: 9.25% Appraisal Value: $525,000 Term: 24 months, IO Lien Position: First Our borrowers plan to eventually move to Hood River County for retirement. An opportunity came up too good to pass up so they decided to purchase the home and rent...
Multnomah County, OR Warehouse
Loan Amount * $1,000,000.00 Rate * 8.99% Combined Appraised Value * $1,935,000.00 Term * 60 months Lien Position * First Our borrowers have owned and managed this warehouse for over 10 years. Their loan was coming due with the bank and were unable to negotiate an...
Distressed Commercial Purchase in Portland, OR
Loan Amount: $465,000 Rate: 9.50% Appraisal Value: $775,000 Term: 180 months Lien Position: First Borrower was purchasing this property from the seller who was in BK. Property was not bankable in its current state. Borrower requested fully amortizing...
Owner Occupied Office/Manufacturing in Milwaukie, OR
Loan Amount * $200,000.00 Rate * 9.49% Combined Appraised Value * $ 335,000 Term * 8 years fully amortizing Lien Position * First Our borrower was in contract to purchase an old veterinarian office. The borrower had previously rented space for her small manufacturing...
