San Francisco, California Hard Money Refinance Loan Condominium
Lien Position: 2nd
Loan Amount: $150,000
Combined Loan to Value: 33%
Term: 12 months with no prepayment penalty
Details: Financing was provided quickly by Source Capital Funding for a hard money refinance loan in San Francisco, California. The borrower wanted to keep their low rate first mortgage and needed a second loan of $150,000 to update and remodel this investment property.