A client referred to Fidelis wanted to take advantage of the low-interest rates and refinance his owner-occupied single-family residence. The borrower wanted a hassle-free loan and looked to Fidelis to assist.
Fidelis quickly connected the borrower with a conventional lender to make the loan at the lowest rate possible.
Fidelis arranged a $505,000 bridge loan 1st Trust Deed with a nationally known, conventional lender at a 63% loan-to-value ratio. (Fidelis acted as the broker and was not the direct lender)
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.