5-Year Private Money Loan In The Bay Area

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5-Year Private Money Loan In The Bay Area

First Capital Trust Deeds closed a 5-Year private money loan in the Bay Area for an investor securing a loan on a fixer upper investment property.

The loan was pretty straight forward as a 16% Loan-to-Value (LTV) loan at $100,000. Our borrower client really only wanted to borrow $75,000 but we didn’t have any trust deed investors willing to lend less than $100K. So we settled on $100K, which worked for the borrower as it allowed them to keep more cash on hand to remodel the property before moving a tenant into the home.

5-Year Private Money Loan Terms:

  • $100,000 Loan Amount
  • 25% Interest-Only
  • 60-Month Term
  • 12-Month Guaranteed Interest
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.