San Jose, California Hard Money Refinance Loan Single Family Residence
Lien Position: 1st
Loan Amount: $1,075,000
Loan to Value: 52%
Term: 12 months with no prepayment penalty
Details: Source Capital Funding was contacted by the borrower as he wanted to utilize the equity in his primary residence to re-start up his consulting business. We were able to expedite a hard money owner-occupied refinance loan in San Jose, California to accomplish his goals.