COVID-19 Rental Property Refinance

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COVID-19 Rental Property Refinance

First Capital Trust Deeds closed a 36-month COVID-19 rental property refinance on a long-term rental in Northern California. The 50% Loan-To-Value (LTV) loan was an example of a private money loan that made a lot of sense because the borrower was strong financially, they had a long-term tenant in place, and the leverage (LTV) was only 50%. Financing is available for these types of loan scenarios.

Loan Details Section

Loan Amount: $1,350,000
Loan-To-Value: 50%
Rate: 7.50%
Term: 36 Months

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