Flower Mound, Texas Hard Money Refinance Loan

Lien Position: 1st

Loan Amount: $160,000

Combined Loan to Value: 43%

Term: 18 months with no prepayment penalty

Details: Financing was provided quickly by Source Capital Funding for this hard money refinance loan in Flower Mound, Texas. The borrower needed to close on another investment property purchase and used this property as collateral to pull the cash-out needed to complete the acquisition.