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Author page: John P. Lloyd

$600,000 Refi. Cash-Out/Perm. Loan
$600,000 Refi. Cash-Out/Perm. Loan

A repeat client was looking to refinance his rental investment property in Pasadena, California, and take out additional funds to be utilized on his other rentals. Fidelis Private Fund does not offer permanent, long-term financing. However, we negotiated with a lender who could fund the loan for...

$425,000 Refi. Cash-Out/Perm. Loan
$425,000 Refi. Cash-Out/Perm. Loan

A repeat client wanted to refinance his primary residence and take out additional funds to expand his business. Fidelis Private Fund does not fund owner-occupied residential loans. However, we negotiated with a lender who could fund the loan for the borrower while providing the best terms...

$1,600,000 Refi. Cash-Out/Perm. Loan
$1,600,000 Refi. Cash-Out/Perm. Loan

A returning client of Fidelis Private Fund sought to replace an expiring commercial line of credit with more advantageous terms. This financing was to be secured by a 2-unit commercial retail property in the heart of North Park, a vibrant San Diego, California community. The borrower’s aim...

$2,750,000 Refi. Cash-Out/Perm. Loan
$2,750,000 Refi. Cash-Out/Perm. Loan

A loyal client of Fidelis Private Fund was seeking to refinance his multi-tenant retail investment property and access additional funds for diversifying his investment portfolio. The 1st Trust Deed loan was secured against a 3-unit commercial retail property situated in Barrio Logan, a San...

$1,575,000 Refi. Cash-Out/Perm. Loan
$1,575,000 Refi. Cash-Out/Perm. Loan

Fidelis provided a $1,265,000 construction loan to a repeat client to transform a single-family residence into a six-unit multi-family property, which added substantial value. The borrower wanted to keep the property as a long-term rental. When the project was complete and stabilized, the...