Success Story
A borrower was in escrow to acquire a prime residential investment property but faced an unexpected issue just before closing: their conventional lender failed to perform in time. With a significant deposit at risk and the closing deadline rapidly approaching, the borrower urgently needed a dependable financing solution to preserve the deal.
Thanks to a strong relationship with the referring mortgage broker and a trusted referral, Fidelis Private Fund stepped in to solve the problem. Within a matter of days, Fidelis underwrote and funded a $2,000,000 1st Trust Deed bridge loan, secured by the subject property with a conservative 48% LTV. The deal was structured as a short-term interest-only loan, offering the borrower immediate liquidity and preserving the investment opportunity.
The property is a well-located single-family home in a high-demand Bay Area neighborhood with excellent long-term value. Although the deal was fast-moving, Fidelis ensured due diligence was performed thoroughly and efficiently.
The borrower intends to refinance with a conventional lender.
Value Added
This loan highlights how Fidelis can act quickly when traditional financing falls short. Our ability to evaluate deals based on relationship, urgency, and overall deal strength—not rigid checklists—allowed us to close in under a week and help the borrower avoid losing their earnest money deposit. This responsiveness is a hallmark of our commitment to solving real-world borrower challenges.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.