$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Cash-Out Refinance
Loan Amount: $1,000,000.00
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
Cash-Out Refinance
Loan Amount: $1,000,000.00
Why: Property improvement
Our Role: Direct Lender
Cash-Out Refinance
Loan Amount: $1,000,000.00
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
Cash-Out Refinance
Loan Amount: $975,000.00
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
Cash-Out Refinance
Loan Amount: $975,000.00
Purpose: Foreign investor needed a cash-out refinance
Exit strategy: Sale of property
Cash-Out Refinance
Loan Amount: $962,000.00
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
Cash-Out Refinance
Loan Amount: $925,000.00
Purpose: Funds were needed to buy out partners
Exit strategy: To meet 12 months’ current payments and refinance with a streamline lender
Fix and Flip
Loan Amount: $893,750.00
Purpose: The borrower required funds to renovate and flip the property
Exit strategy: To renovate and sell for a profit
Cash-Out Refinance
Loan Amount: $850,000.00
Purpose: A foreign investor could not finance with any commercial or private lending institutions so Tower Fund Capital secured a 12 month bridge loan
Exit strategy: To refinance once conventional lenders acquire liquidity and qualifying loan programs for Foreign Nationals
