Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Refinance

Business Purpose Residential

50%

Sebastopol, CA

$160,000

12%

3 year 

6 months interest

Scenario: The borrower needed funds to complete construction of a house trailer manufacturing facility and to repair current building.