Santa Rosa, California Hard Money Purchase Loan
Condominium

Lien Position: 1st

Loan Amount: $330,000

Loan to Value: 61%

Term: 12 months with no prepayment penalty

Details: Source Capital Funding provided financing for a hard money purchase loan in Santa Rosa, California for this seasoned real estate investor borrower. The loan of $330,000 was secured by this condominium in a first trust deed lien position.