Phoenix, Arizona Hard Money Refinance Loan

Lien Position: 2nd

Loan Amount: $300,000

Combined Loan to Value: 42%

Term: 18 months with no prepayment penalty

Details: A repeat client of ours needed financing for a hard money refinance loan in San Diego, California. The borrower needed quick financing for their car restoration business and a loan of $300,000 was secured by this owner-occupied asset in a second lien position.