Featured Loan

$900,000 Business Purpose Second Trust Deed

Loan Details

Loan Amount:  $900,000

Loan-To-Value:  65% LTV

Term:  24-Month

Situation & Challenge

The challenge was to find a private money lender will going to go up to 65% Combined Loan-To-Value (CLTV) in March 2020. That’s a difficult request to make of any private lender and probably wouldn’t have happened a month later.

Solution & Result

FCTD worked with a second trust deed investor to fund a $900,000 cash-out business purpose second trust deed behind a $2,500,000 first mortgage for an entrepreneur who needed an injection of cash to expand their business.

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