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$150,000 Purchase/Bridge Loan

$150,000 Purchase/Bridge Loan

Success Story

A referral from a Fidelis investor had the opportunity to purchase a fixer-upper single-family residence in San Diego and needed to close fast.

The buyer needed a lender that would perform within days and make it an easy process.

Fidelis Action

Fidelis Private Fund provided the borrower a $150,00,000 1st Trust Deed purchase loan. The purchase price was $480,000, or a 31% LTV ratio.

The exit strategy is to remodel and stabilize the property then refinance with a conventional lender.

Value Added

The Fidelis Private Fund helped the borrower capitalize on a great investment opportunity and fund within a few weeks. At the same time, making it a smooth and hassle-free loan process.

$530,000 Purchase/Bridge Loan $675,000 Purchase/Bridge Loan