Santa Rosa, California Hard Money Refinance Loan Single Family Residence
Lien Position: 1st
Loan Amount: $375,000
Loan to Value: 55%
Term: 24 months with no prepayment penalty
Details: Source Capital Funding successfully completed its fifth transaction with this client on a hard money refinance loan in Santa Rosa, California. This property was owned free and clear and the borrower needed funds for their thriving dental practice to purchase new equipment for expansion.