Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
Single Family Residence/Rental
55%
Tiburon, CA
$785,000.00
10%
5 years
1 year
Scenario: The Borrower needed funds to pay off very large Federal and State Tax liens. California Private Money Lenders was able to fund the loan in 2 weeks preventing the IRS and State from attaching all of the borrower’s commercial properties and bank accounts.