Private Money Bridge To Sale In Newport Beach

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Private Money Bridge To Sale In Newport Beach

First Capital Trust Deeds funded a low-cost private money bridge to sale loan in Newport Beach. The recently constructed home was listed on the market, so keeping the carrying costs to a minimum were a priority for the borrower.

The result was a $1,525,000 bridge loan at 7.00% interest-only for 12-months.

Private Money Bridge Loan Details

Loan Amount: $1,525,000
Loan-To-Value: 55%
Interest Rate: 7.00%
Term: 12 Months

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