Featured Loan

Low-Leverage Retail Strip Mall Private Money Financing

Loan Details

Loan Amount:  $300,000

Loan-To-Value:  25% LTV

Rate:  7.99%

Term:  60-Months with a 12-month Interest Guaranty (12 Payments)

Situation & Challenge

The owner of a two-unit retail strip mall in Glendale, California had a private money loan reaching maturity that needed to be refinanced.

The challenge was finding a trust deed investor looking for a longer term of five years with a sub-8.00% yield.

Solution & Result

FCTD had an investor with a Self-Directed IRA seeking to fund a lower risk trust deed in the Los Angeles area.

The business purpose private money loan funded in two weeks with both investors (real estate and trust deed), satisfied with the result.

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