This borrower is set for a completion very soon, and expects it to be done mid-July. Having made a similar home before, we already knew that this house would be a home to buyers very soon. By refinancing, our borrower was able to get financing needed to complete the house on time, as well as give them time to sell the property.
- Past borrower
- Made a similar home that we funded
- Due for completion on the 15th of July
- Loan Amount: $180,000
- Loan Term: 12 Months
- Rate: 12.9%
- Loan Type: Construction Refinancing
- Asset Type: Residential