• Loan Amount: $850,000
  • Rate: 6.99%
  • Appraisal Value: $1,700,000
  • Term: 24 months
  • Lien Position: First

This borrower was involved in a 1031 exchange. She was purchasing a 3 unit residential building in San Francisco. The main home had a solar lease so we worked with all parties involved to get the lease transferred and close the loan timely for our borrower.