It’s refreshing to hear from borrowers the reasons for switching over to Capital Fund from another lending source. With this property the borrower mentioned it was because we have better rates than their usual lender! On this property we worked hard with the borrower to create a loan that fit their needs for this deal. With our creative financing we were able to provide this successful fix and flipper the private money loan they needed to close on time!
- Loan Amount: $272,000
- Interest Rate: 15.9%
- Loan Term: 6 Months
- Asset Type: Residential
- Loan Type: Fix and Flip