Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Position:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
Single Family Residence
30%
Guerneville, CA
$200,000.00
1st Deed of Trust
10%
1 year
4 months prepaid in escrow
Scenario: Borrower needed funds to purchase a business property after initial loan fell apart. California Private Money Lenders was able to close in 1 week preserving the purchase for the borrower/investor.