• Loan Amounts: $449,000/$179,000
• Rates: 7.99%/12.49%
• Appraisal Value: $ 898,000
• Term: 36 months
• Lien Positions: First/Piggy-Back Second

Our borrower needed an advance of 70% to make this purchase possible. The quotes he was getting from others priced him out of the market. So ReProp created two loans that made this purchase affordable. This is an example of a mid-2000’s SF Bay Area community that halted construction, and is now in full build mode once again.