A repeat Fidelis client, an owner-builder/contractor, built a single-family residence he owned free and clear. The borrower wanted a short-term cash-out loan.
Fidelis Private Fund provided the borrower a $315,000 1st Trust Deed refinance cash-out loan. The property’s market value was estimated at $860,000 or 37% LTV.
The Fidelis Private Fund helped the borrower access cash equity in his property. At the same time, making it a smooth and hassle-free process.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.