The borrower is retired from the financial services industry but still involved in the community of Sonoma County. First Bridge Lending provided a refinance allowing the borrower to fix up the property and have extra liquidity through the selling process. The property is a 2,584 sq ft 3-bedroom and 3-bathroom SFR with a pool and 3-car garage on 8.93 acres. It will be listed for $2,899,000.

The loan amount totaled $1,500,000 at 52% LTV for a 12-month term. First Bridge Lending originator Louis Bardis facilitated this deal and provided financing to help the client prepare the property to put on the market.

Why FBL
Private Lender
Direct Lender
Quick Process puts you in touch with decision makers
Loans funded in 3 business days
In-house Underwriting, No Appraisal Required

FBL Track Record
Over 3,500 loans totaling more than $2 billion closed since 2012
Funded loans from $100,000 to $5 Million on Residential/Commercial properties
CA Licensed: CFL, DRE, NMLS