Recently Funded Hard Money Loan- Berkeley: $445,000, 2nd TD, 64.17% CLTV, 11.0% Lender Rate

Berkeley, Brokers, Recent Transactions

Business owner and licensed general contractor needed a business purpose cash-out 2nd TD on an owner-occupied property in Berkeley, CA.  Funds from our loan were used to payoff an existing 2nd as well as provide cash-out to build an Accessory Dwelling Unit on the property.  100% of the construction budget was Funds Controlled. Subject property…