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$500,000 Refinance/Line of Credit

$500,000 Refinance/Line of Credit

Success Story

A long-time client needed a lender to provide a line of credit to access cash for an investment opportunity in less than a week. The borrower owned a free and clear residential duplex investment property in San Diego, which was used as collateral to fund the loan.

Fidelis Private Fund provided the borrower a $500,000 1st Trust Deed line of credit at a 56% LTV ratio and closed on the loan in time to meet the borrower’s deadline.

The exit strategy is to refinance with a conventional loan.

Value Added

The Fidelis Private Fund helped the borrower provide cash liquidity in less than a week from the equity in 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.

$475,000 Refinance/Bridge Loan $925,000 Refinance/Const. Loan