Close
760.258.4486
Mon - Fri : 8:00 - 5:00

Tag: real estate lending

$100,000 Purchase/Bridge Loan
$100,000 Purchase/Bridge Loan

A client referral was in the process of purchasing a single-family residential four-acre improved lot for $485,000 in Poway, CA, just north of San Diego. The borrower was planning on purchasing all cash; however, due to unforeseen circumstances within 7 days of closing, the borrower was short...

$600,000 Refinance/Rehab Loan
$600,000 Refinance/Rehab Loan

A repeat client who is a general contractor here in San Diego owned a single-family investment property in Mammoth Lakes, CA, and wanted to do a significant remodel, doubling the rentable square footage into a 2,600 sq.ft., 4BR/3.5BA property. However, he wanted a lender that would allow him to...

$1,800,000 Refi./Construction Loan
$1,800,000 Refi./Construction Loan

A repeat client purchased a single-family investment property on a large lot with a conventional mortgage at a low-interest rate. At the same time, the borrower was in process of obtaining permits for a 6-unit multi-family project. The borrower wanted to leave the low-interest rate 1st Trust...

$610,000 Purchase/Bridge Loan
$610,000 Purchase/Bridge Loan

A repeat client negotiated an excellent price to purchase a residential duplex on a large lot with plans to add eight additional dwelling units (ADUs) to the site for a total of 10 units. The purpose of the loan was to acquire the property and later provide additional funds to construct the...

$620,000 Purchase/Bridge Loan
$620,000 Purchase/Bridge Loan

A long-time client was in escrow to purchase an office building in La Mesa that needed to close within 30 days and did not have time to get conventional financing. The buyer intends to occupy a majority of the space as part of expanding an existing business located across the street.

$705,000 Purchase/Bridge Loan
$705,000 Purchase/Bridge Loan

A repeat client needed to close fast on purchasing a single-family investment property in San Diego. The property has the potential for increased density with the construction of several ADUs in the rear of the property. Fidelis will come in later and modify the loan to provide for some...

$1,880,000 Purchase/Bridge Loan
$1,880,000 Purchase/Bridge Loan

A repeat Fidelis client who is a general contractor and a real estate investor needed a lender to provide acquisition financing to purchase a six-unit multi-family property within two weeks. Improvements included four detached bungalow units, one two-story duplex above five single car garages...