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$1,770,000 Refi. Cash-Out/Perm. Loan

$1,770,000 Refi. Cash-Out/Perm. Loan

Success Story

A repeat client owned, free and clear, a gas station property in Imperial Beach, CA, and needed a conventional lender to refinance a cash-out loan for other investment opportunities.

Fidelis Action

Fidelis Private Fund arranged a 1st Trust Deed refinance 30-year amortized loan with a three-year fixed rate for $1,770,000 or 53% LTV.

(The subject loan was arranged through Fidelis by Cornerstone Commercial Mortgage, acting as the broker on the transaction).

Value Added

The Fidelis Private Fund helped the borrower tap the equity in a free and clear property to pull cash out at conventional loan rates.

Our goal is complete customer satisfaction, and if the loan request doesn’t fit Fidelis Private Fund as a direct lender, we find the right lender with the best loan terms for the borrower.

Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.

$4,800,000 Refi. Cash-Out/Perm. Loan $448,000 Refi./Permanent Loan