Mon - Fri : 8:00 - 5:00

$459,000 Refinance / Permanent Loan

$459,000 Refinance / Permanent Loan

Success Story

A real estate broker/investor-owned a single-family residential investment property that was initially intended to be a fix & flip property. But instead, the owner decided to keep it as a rental and needed to pay off the higher cost short-term private money financing.

The borrower owned the property in a corporation and, due to other underwriting constraints, needed a lender that provided a long-term loan with a lower rate and flexibility with the prepayment penalty.

Fidelis Action

Fidelis Private Fund arranged the $459,000 permanent loan with a conventional lender to pay off the higher cost of a private money debt. (Fidelis was not the direct lender, but acted as the broker on the transaction)

The challenge was getting the lowest interest rate possible, given the borrower’s complicated financial structure and the property owned in a Corporation.

Value Added

The Fidelis Private Fund helped the borrower arrange a new loan at a competitive interest rate and keep the borrowing entity in the Corporation. The refinance with the lower rate decreased the owner’s debt service and improved its net cash flow from the property.  

Our goal is complete customer satisfaction, and if the loan request doesn’t fit Fidelis Private Fund as a direct lender, we will still help the client by assisting in whatever loan is needed. In this case, we tapped our permanent lender database to arrange an excellent long term loan accomplishing what the client was looking for.

Another transaction where Fidelis Private Fund is helping our client achieve their financial goal.


$695,000 Purchase / Bridge Loan $4,085,000 Refinance / Permanent Loan