Location: San Francisco, CA

Loan Type: Fix And Flip Refinance
Loan To Value: 90%
Total Loan Amount: $1,705,000

Current debt on the project was estimated to be at 90% LTV. The investor had another local asset we used to cross collateralize some equity from and the borrower was able to refinance out of their existing lender and into a new loan with a new 12 month term and some cash out to complete.