$300,000 Refinance Loan in Emeryville, CA
Loan Amount: $300,000
Term: 6 months
The borrower purchased this property in 2014 for $520,000 and needed to pay off a loan that was maturing with another private money lender. They also needed cash to finish renovations on the property and remodel all four units before re-leasing. They came to First Bridge Lending for help, and we closed within 7 days.
The loan amount totaled $300,000 at 40% LTV for a 6-month term. First Bridge Lending agent Louis Bardis facilitated this deal and helped the client secure funding to complete renovations on their rental property.
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Loans funded in 3 business days
In-house Underwriting, No Appraisal Required
FBL Track Record
Over 2,000 loans totaling more than $1 billion closed since 2012
Funded loans from $100,000 to $5 Million on Residential/Commercial properties
CA Licensed: CFL, BRE, NMLS