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$475,000 Refinance/Bridge Loan

$475,000 Refinance/Bridge Loan

Success Story

A referral from an excellent client needed a loan to buy out a partner on residential condominium investment property in La Jolla, CA, and needed to close fast. As an abundance of caution, the loan was also cross-collateralized with the owner’s single-family residence.

Fidelis Private Fund provided the borrower a $475,000 1st Trust Deed refinance bridge loan resulting in a 74% LTV ratio.

The exit strategy is to refinance with a conventional loan.

Value Added

The Fidelis Private Fund helped the borrower improve their financial position with the buy-out of an investment partner. At the same time, we made it a smooth and hassle-free process.

Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.

$2,200,000 Purchase/Bridge Loan $500,000 Refinance/Line of Credit