A hard money ‘Construction’ loan recently closed on three spec manufactured units in Colton, CA. The loan provided funds to acquire & permanently install three (3) new single-story detached manufactured style SFR’s. The units will be sold to end-users.
Here are the loan details:
- Residential Manufactured SFR’s
- Cash-out
- Purpose – Construction
- Loan-to-Value – 35% “Subject To” Value
- First Trust Deed
- 60 Month Term
- Principal & Interest Payments
- San Bernardino County, CALIFORNIA
- PRINCIPAL AMOUNT: $220,000.00
For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 or visit our:
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