Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Refinance

Single Family Residence

50%

Willits, CA

$145,000.00

10%

3 years

6 months prepaid

 

Scenario:  The Borrower needed funds to Purchase business assets after conventional loan fell apart.  California Private Money Lenders was able to close in 2 weeks enabling the business owners to obtain a highly profitable construction project.