Richardson, Texas Hard Money Refinance Loan

Lien Position: 1st

Loan Amount: $295,000

Loan to Value: 63%

Term: 24 months with no prepayment penalty

Details: Source Capital Funding provided financing for a hard money refinance loan in Richardson, Texas for this repeat real estate investor. The loan of $295,000 was secured by this single-family residence in a first trust deed lien position.