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$500,000 Refinance/Bridge Loan

$500,000 Refinance/Bridge Loan

Success Story

A repeat client who owned a mixed-use commercial property free and clear located in Spring Valley, CA, needed a loan to purchase the liquor store business that had leased the property for over 15 years. The improvements include a liquor store and a residential rental unit.

Fidelis Private Fund provided the borrower a $500,000 1st Trust Deed refinance loan with the property having an appraised value of $950,000 or 53% LTV.

The exit strategy is to refinance with a conventional loan.

Value Added

The Fidelis Private Fund helped the borrower facilitate a complex purchase of the business that occupied his property. 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.

$406,000 Refinance/Bridge Loan $200,000 Purchase/Bridge Loan