Featured Loan

Luxury Vacation Rental Financing

Loan Details

Loan Amount:  $3,100,000

Loan-To-Value:  70% LTV

Term:  36 Months

Situation & Challenge

A long-time investor was in contract on a luxury rental property overlooking the Pacific Ocean but couldn’t obtain bank financing due to the home being a vacation rental.

The challenge was to find higher leverage private money financing at a lower cost structure to ensure positive cash flow from the start.

Solution & Result

First Capital Trust Deeds worked with a family office that knew the location and liked the vacation rental income history.

The borrower closed in three weeks on a 36-month loan with a note rate of less than 8.00%.

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