Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
560 Acres with 600 Square Foot House
60%
Willits, CA
$860,000.00
12%
3 years
1 year
Scenario: Borrower needed funds to complete a 5 parcel lot split and pay off a maturing private loan. With completion of the lot split the property increased in value by 40%.