Location: Colma, CA
Loan To Value: 80%
Loan Type: Bridge Loan
Total Loan amount: $635,000
Purchase NO Access NO Appraisal. This purchase loan was a result of us being able to provide highest leverage possible with the limitations we had. By increasing the leverage on the 1st deal we were able to open up the opportunity for this investor to acquire this second property as well also limited with no access. On this purchase an 80% LTV loan was approved and closed.