Recently Funded Loans

Purpose: The borrower needed to bail out of default and demonstrate 12 months of current payments

Exit strategy: Regroup finances and refinance with a conventional lender

Purpose: The borrower refinanced the property for a cash-out to renovate and keep for rental income

Purpose: Australian national needed a fast closing

Exit strategy: To regroup and obtain conventional financing

Purpose: The borrower required funds to finance another investment

Exit strategy: To keep this financing in place for 2 years and then refinance with a mainstream lender at the prevailing rate

Purpose: The borrower needed to restructure her financial position by cleaning all debt and liabilities, which included a substantial cash-out to cover the next year of mortgage payments

Exit strategy: Regroup personal finances and refinance with a conventional lender

Purpose: Foreign investor needed a cash-out refinance

Exit strategy: Sale of property

Purpose: The borrower removed assets from the trust and borrowed equity to buy out partners and place assets into a newly formed LLC

Exit strategy: To refinance with a conventional lender

Purpose: New construction property that was built for cash and refinanced to purchase another investment property

Exit Strategy: To sell this home, valued at over $1.8M, to an upscale buyer

Purpose: Funds were needed to buy out partners

Exit strategy: To meet 12 months’ current payments and refinance with a streamline lender

Purpose: The borrower required funds to renovate and flip the property