Featured Loan

Line of Credit Approved Up to $10,000,000

Loan Details

Loan Amount:  $10,000,000

Loan-To-Value:  80% LTV

Rate:  9.00% 

Term:  12-Month

Situation & Challenge

An active real estate investor in Oregon, with a dozen or more fix and flip projects going at one time, needed less expensive and higher leverage hard money financing to take on more opportunities. 

Solution & Result

First Capital Trust Deeds worked with a private money fund to structure a credit line up to $10,000,000 with uniform loan pricing across all future projects: 

  • 80% LTV (Purchase or Refinance)
  • 100% LTC (Rehab Financing)
  • 9.000% Interest-Only
  • 12-Month Term
  • 2 points Origination Fee + Appraisal, Docs, Processing, Title & Escrow

The investor refinanced five properties immediately upon approval of the line of credit, taking advantage of improved terms and increased leverage.

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