A new client, referred to Fidelis Private Fund by a reputable broker, was looking for long-term, permanent financing with maximum leverage available to purchase a storage yard in Fullerton, California. This loan was not fit for Fidelis Private Fund. However, from our extensive network of lender...
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...
A repeat client needed a refinance/cash-out conventional loan secured by a single-family investment property owned free and clear. The proceeds were to be used for other investment purposes.
Our existing bank had a client who administered a trust that owned two commercial properties, one in Jacksonville, Florida, and one in Dripping Springs, Texas. Both were owned free and clear. The trust needed to refinance the properties with conventional financing and pull cash out for...
A repeat client owned, free and clear, a gas station property in Imperial Beach, CA, and needed a conventional lender to refinance a cash-out loan for other investment opportunities.
A repeat client needed a conventional lender to refinance a bridge loan that Fidelis funded earlier in the year. The property type was a 2,300 sq.ft. office building in La Mesa, CA.
A long-time client received construction financing from Fidelis a year ago to build an ADU on a SFR investment property in Fallbrook, CA. Now that the construction is complete and the unit is leased out, the borrower needed a conventional take-out lender to provide a long-term loan with some...
A long-time client received construction financing from Fidelis a year ago to build an ADU on an SFR investment property in Fallbrook, CA. Now that the construction is complete and the unit is leased out, the borrower needed a conventional take-out lender to provide a long-term loan with some...
A repeat client needed to quickly buy out a partner last year on a single-family investment property in Escondido, CA, and utilized the services of Fidelis Private Fund to do that. The exit strategy at the time was to refinance with permanent financing within a year.
A long-time client needed to refinance an existing conventional loan secured by two retail properties on two separate parcels in the area of Mission Gorge in San Diego. The borrower’s objective was to refinance the loan with no cash-out and secure it with only one of the properties releasing the...
An experienced real estate investor and repeat client of Fidelis Private Fund needed a long-term/conventional loan with cash out to refinance an existing bridge loan on an existing 7-unit apartment, cottage-style, in North Park. The borrower wanted a conventional lender at the lowest interest...
A new borrower referred to Fidelis Private Fund needed to refinance two maturing private notes with high-interest rates on his owner-occupied single-family residence in Rancho Mirage and wanted a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we were able to...
A client needed a construction loan to build 17 apartment units in Lemon Grove, CA. The borrower needed a lender to provide a higher leveraged loan than the typical institutional lender would provide or approximately 80% loan to cost. This loan was not a fit for Fidelis Private Fund. However...
A repeat borrower of Fidelis Private Fund needed to close within 3 weeks on a purchase of an owner-occupied single-family residence and needed a long-term loan. Fidelis does not fund owner-occupied residential loans. However, through our extensive network of lenders were able to negotiate with a...
A repeat client was looking to refinance her primary residence to take advantage of lower interest rates. 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 offering one of the lowest interest...
A repeat client needed to refinance his primary residence in La Jolla, CA, simply wanting to lower the interest rate on his existing mortgage.
After paying all cash for a luxury residential condo in La Jolla as a second home earlier in the year, the borrower wanted to refinance to pull cash-out for other investment opportunities.
A repeat client of Fidelis was in contract to purchase two retail multi-tenant buildings totaling approximately 47,500 sq.ft. in a mixed-use project located in the Barrio Logan neighborhood southeast of downtown San Diego. The borrower needed a bridge lender to close fast and allow time to...
A long-time existing client wanted to refinance a private money loan with an SBA long-term loan for their board and care facility that they have owned and operated for over 15 years.
A self-employed borrower needed to close on purchasing an owner-occupied single-family residence with as much leverage as possible with a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we were able to negotiate with a conventional lender who could fund the loan...
