A repeat client needed to pay off a 2nd Trust Deed loan that had matured secured by a single-family property. As a way to expedite the process, the borrower offered to provide a 1st Trust Deed on a single-family investment property owned free and clear in Arnold, CA.
Fidelis Private Fund provided the borrower a $210,000 short-term 1st Trust Deed refinance loan secured by a 1st Trust Deed on a single-family investment property purchased last year for $579,00 or a 36% LTV ratio.
The Fidelis Private Fund helped the borrower refinance existing debt within a matter of days. At the same time, making it a smooth and hassle-free loan process.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.