New Construction Private Money Bridge To Sell Loan

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New Construction Private Money Bridge To Sell Loan

First Capital Trust Deeds provided the builder of this central coast spec home with a new construction private money bridge to sell loan. The new $1,100,000 loan paid off the existing construction loan and provided a 12-month interest reserve to service the debt on the property over the next year while property is listed for sale on the market.

Private Money Bridge Loan Terms

Loan Amount: $1,100,000
Loan-To-Value:
60%
Term:
12 Months

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