Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Refinance

285 Acres-4 Legal Parcels

50%

Clearlake, CA

$360,000.00

10%

3 years

1 year

 

Scenario:  The Borrower needed funds to pay off existing private lender for a much lower rate.