Featured Loan

Luxury Spec Home Private Money Bridge Loan

Loan Details

Loan Amount:  $1,100,000

Loan-To-Value:  65% LTV

Term:  12-Month

Situation & Challenge

The builder of this luxury spec home wanted to tap into “trapped equity” in their recently completed luxury spec home to be used for their next project.

Solution & Result

First Capital Trust Deeds secured a low-cost private money bridge loan which set aside six payments in an interest reserve account, allowing the investor to focus on selling this property and getting the next project off the ground.

Do you have a similar financing scenario?
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