Private Money Blanket Loan In Northern California

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Private Money Blanket Loan In Northern California

First Capital Trust Deeds worked with a family office with real estate portfolio and a lending division to structure a three-property private money blanket loan in Northern California. The loan provided the owner of the three retail properties with cash-out proceeds to make renovations to the buildings. The owners plan to refinance the private money bridge loan into a new bank loan during the coming year.

Private Money Blanket Loan Terms

Loan Amount: $1,900,000
Loan-To-Value:
36%
Term:
12 Months

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