75% LTV Hard Money Bridge Loan in Los Angeles

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75% LTV Hard Money Bridge Loan in Los Angeles

First Capital Trust Deeds secured the 75% LTV hard money bridge loan in Los Angeles for a developer planning to convert this Spanish-style home into a contemporary modern home double the size.

The hard money loan, with an 18-month term, gave the developer plenty of time to complete the plans, obtain permits, and line up the construction financing either through a bank or through new equity partners/investors.

75 LTV Hard Money Bridge Loan In Los Angeles Terms:

  • $1,188,000 Loan Amount
  • 12-Month Term
  • 3-Month Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.