70% LTV Refinance Plus 100% Rehab Financing In Northern California

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70% LTV Refinance Plus 100% Rehab Financing In Northern California

First Capital Trust Deeds arranged the 70% Loan-to-Value (LTV) hard money Refinance + 100% of rehab financing for a Northern California real estate investor who needed to make major renovations to the property in order to resell for a profit.

The property was rather ugly but the financing terms turned out to be quite attractive for hard money lending with an interest rate of 8.50%.

Refinance + Rehab Financing Terms:

  • $189,000 Refinance + $77,000 Rehab
  • 8.50% Interest-Only
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.