by admin | Apr 20, 2015 | California, Success Stories
Loan Amount: $1,000,000.00 Rate: 6.99% Appraisal Value: $2,450,000.00 Term: 24 months Lien Position: First Our borrower purchased this home 6 months earlier with cash. We were able to provide a cash out of $1 million for the borrower to invest the capital back into...
by admin | Apr 20, 2015 | California, SBA 504, Success Stories
Loan Amount: $767,000 ReProp took a referral from a local bank, then partnered with the City of Arcata and with Arcata Economic Development Corporation to provide SBA 504 financing for the conversion of an older movie theater to an entertainment venue serving all...
by admin | Apr 20, 2015 | 5.99%, California, Success Stories
Loan Amount: $420,000 Rate: 5.99% Appraisal Value: $ 1,025,000 Term: 24 months Lien Position: First This is the second loan we have to this borrower; a well-established developer in Southern California. The condo was an all-cash acquisition in a short sale...
by admin | Apr 20, 2015 | 5.99%, California, Success Stories
Loan Amount: $1,000,000 Rate: 5.99% Appraisal Value: $ 2,850,000 Term: 36 months Lien Position: First Thanks to our loan terms and quick turn-around time, the borrower was able to close escrow on the purchase of this remarkable investment property on Linda Island in...
by admin | Apr 20, 2015 | California, Success Stories
Loan Amount: $730,000 Rate: 6.99%/7.99% Appraisal Value: $1,265,000 Term: 24 months Lien Position: First The Borrower purchased this home a year ago for $800K. After some extensive upgrading, he was ready to refinance out of the high interest rate he was currently in....
by admin | Apr 20, 2015 | 5.99%, California, Success Stories
Loan Amount: $750,000 Rate: 5.99% Appraisal Value: $ 1,600,000 Term: 36 months Lien Position: First This borrower needed to settle a matter fast and needed our help to do it. With the help of escrow and title, we worked through the weekend and got our borrower Our...
