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$615,000 Purchase/Bridge Loan

$615,000 Purchase/Bridge Loan

Success Story

A client referral was in escrow to purchase a commercial property with a ten-day close and is currently used as an autobody shop located south of downtown San Diego. The buyer intends to occupy the property with the same use as an owner-occupied property.

The borrower needed a bridge lender to fund the purchase within the short timeline.

Fidelis Action

Fidelis Private Fund provided the borrower a $615,000 1st Trust Deed purchase loan with a purchase price of $950,000 or 65% LTV ratio.

Value Added

The Fidelis Private Fund helped the borrower capitalize on a great investment opportunity within the short time frame needed. At the same time, making it a smooth and hassle-free loan process.

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

$300,000 Refinance Cash-Out/Bridge Loan $1,840,000 Purchase/Const.Rehab/Bridge Loan