• Loan Amount * $216,000.00
• Rate * 8.50%
• Appraisal Value * $360,000.00
• Term * 12 months
• Lien Position * First

This was a returning borrower who was in contract to purchase a SFR in Martinez. Our borrower is very experienced in real estate and plans to remodel and sell the property for a profit. Once complete, the house should be worth north of $500,000.