Success Story
Although a new client to Fidelis, the borrower is a long-time acquaintance who was looking to refinance his owner-occupied single-family residence, simply wanting to take advantage of today’s low-interest rates. The borrower wanted a hassle-free loan process and turned to Fidelis to guide him through.
Fidelis quickly connected the borrower with a conventional lender that could make the loan, at the lowest rate possible.
Fidelis Action
Fidelis Private Fund arranged a $466,000 bridge loan 1st Trust Deed with a nationally known, conventional lender. 51% LTV. (Fidelis was not the lender, we acted as the broker on the transaction)
Value Added
The Fidelis Private Fund helped the borrower arrange a term loan to refinance his primary residence at the lowest rate possible.
Our goal is complete customer satisfaction, and if the loan request doesn’t fit Fidelis Private Fund as a direct lender, as was the case this time with a conventional loan being the appropriate product for the borrower. In this case, we tapped our other conventional lender database to arrange a term loan, accomplishing what the client needed.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.