SHORT-TERM LOAN IN ALAMO, CALIFORNIA
$2,800,000 short term loan funded enabling the borrowers to upsize, and relocate to a 5,991 square foot home in Alamo, CA, before the sale of their current property. Borrowers intend to sell the current property and refinance as an exit strategy.
Loan Amount: $2,800,000
Loan Term: 6 Months
CLTV: Under 50%
Loan Position: 1st Deed of Trust