This is a $100,000 refinance loan request, secured by a 2-bedroom, 1-bathroom single-family home built in 1939. The property offers 828 square feet of living space and is in moderate condition. The borrower is positioning the property for DSCR refinancing as the loan exit strategy.
Collateral:
Type: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
