Napa County, CA – $600,000
We had an existing loan that we purchased secured by a building parcel in the Napa Valley with a lovely panoramic view, adjacent to our borrower’s winery. When we saw a demand come in on the loan, we gave the borrower a call, and he said that he needed some additional cash out. We were able to provide the additional funding for a modest fee, without requiring a new appraisal, and as quickly as we could exchange information with the title company. Along with some fabulous wine, the borrower told us, “You were a dream to work with.”