Surprise, Arizona Hard Money Blanket Refinance Loan

Lien Position: 1st

Loan Amount: $775,000

Loan to Value: 60%

Term: 12 months with no prepayment penalty

Details: Source Capital Funding provided a blanket loan to these borrowers secured by the subject pictured here and two other investment properties in their portfolio. We were able to expedite a hard money refinance loan in Surprise, Arizona so they could purchase another investment property.