Featured Loan

12-Month Bridge Loan on Listed Home

Loan Details

Loan Amount:  $1,450,000

Loan-To-Value:  65% LTV

Term:  12-Month

Situation & Challenge

An investor selling a high-end property needed additional time to sell the property due to longer selling cycles of luxury properties.

The other part of the equation is a lower cost structure on the bridge loan. Anyone can do a 12-month loan at 3 points and 11.00%. The seller needed something better that would keep the ROI on this property near original projections.

Solution & Result

First Capital Trust Deeds secured a 12-month bridge loan for the owner at very favorable terms with an interest rate <9.00%. 

Do you have a similar financing scenario?
Inquire about your financing options with FCTD.