First Capital Trust Deeds secured a $6,500,000 mid-construction refinance in the Hollywood Hills for a builder who needed to pay off a maturing loan with a balloon payment coming due soon.
$6,500,000 Mid-Construction Refinance in the Hollywood Hills Terms:
- $6,500,000 Loan Amount
- 60% of AS-IS mid-construction value
- 24-Month Term
- No Prepayment Penalty
- Lender Site Inspection – No Appraisal Required
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.