Private Money Bridge Loan In Monterey County

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Private Money Bridge Loan In Monterey County

Monterey County real estate investors acquired this home using 66% LTV private money bridge loan from Peer-To-Peer Trust Deeds.

Challenge:  The only challenge to this loan was if the sellers were going to sell the house to the buyers.  At first the sale was on, then it was off.  A few weeks later, the sale was back on and everyone agreed to close in five days.   

Solution:  The buyers had several rental properties and had flipped a few properties before so they were a solid credit risk.  Plus, they were bringing in 34% down payment and would be refinancing the loan after filing 2014 income taxes.    

The borrowers used the private money bridge loan until they could refinance into a 30-year fixed conventional loan in early 2015.  The trust deed investor made a safe loan to well-established borrower who had a very clear and realistic exit strategy.  These are the types of loans we like being a part of for both sets of our clients – the borrowers and the trust deed investor.  

66% LTV Private Money Bridge Loan Terms:

  • $200,000  Loan Amount (66% LTV)
  • 12-Month Term
  • No Prepayment Penalty


For fix and flip financing scenarios in California, Oregon, or Washington, please contact Brett Everett or Ted Spradlin.

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