by admin | Jun 28, 2016 | Commercial, Oregon, Success Stories
Loan Amount: $465,000 Rate: 9.50% Appraisal Value: $775,000 Term: 180 months Lien Position: First Borrower was purchasing this property from the seller who was in BK. Property was not bankable in its current state. Borrower requested fully amortizing...
by admin | Feb 16, 2016 | Oregon, Success Stories
Loan Amount * $200,000.00 Rate * 9.49% Combined Appraised Value * $ 335,000 Term * 8 years fully amortizing Lien Position * First Our borrower was in contract to purchase an old veterinarian office. The borrower had previously rented space for her small manufacturing...
by admin | Jul 20, 2015 | Oregon, Success Stories
Loan Amount * $1,000,000.00 Rate * 8.99% Combined Appraised Value * $1,935,000.00 Term * 60 months Lien Position * First Our borrowers have owned and managed this warehouse for over 10 years. Their loan was coming due with the bank and were unable to negotiate an...
by admin | Jan 14, 2015 | Oregon, Success Stories
Loan Amount: $460,000 Rate: 9.75% Appraisal Value: $850,000 Term: 24 months Lien Position: First This borrower was purchasing a 580 acre ranch. His property bordered the ranch and it worked well. He now has the room to raise his horses on his own...
by admin | Jan 23, 2013 | Oregon, Success Stories
Jefferson County, OR – $756,500 These farmers had excellent credit and equity in their real estate, but were referred to us because their farm had some losses and their 3-year average cash flow did not meet a bank’s requirements. We were able to look at the...
by admin | Jan 23, 2013 | Oregon, Success Stories
Umatilla County, OR – $1,375,000 Our borrower has a rather unusual property for sale, and wanted to take care of some business obligations by refinancing the property. We took the property for sale along with a leased farm property and funded the his immediate...
