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$406,000 Refinance/Bridge Loan

$406,000 Refinance/Bridge Loan

Success Story

A repeat client, businessman, and real estate investor needed an acquisition loan to purchase a large ranch property in San Diego County, including two single-family residences and outbuildings on one parcel.  The borrower needed to close fast and needed a lender who could perform and meet the short deadline.

Fidelis Private Fund provided the borrower a $406,000 1st Trust Deed purchase/bridge loan for a 65% LTV ratio.

The exit strategy is to refinance with a conventional loan once the property is fully leased.

Value Added

The Fidelis Private Fund helped the borrower capitalize on a great investment opportunity with a quick close, meeting the client’s deadline. 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.

$2,070,000 Refinance/Const. Loan $500,000 Refinance/Bridge Loan