Mansfield, Texas Hard Money Refinance Loan

Lien Position: 1st

Loan Amount: $155,000

Loan to Value: 58%

Term: 24 months with no prepayment penalty

Details: Source Capital Funding was contacted by the borrower as he wanted to utilize the equity in this rental property to expand his rental portfolio of investment properties. We were able to expedite a hard money refinance loan in Mansfield, Texas for the client in a matter of days.