Deal Status

Active

Property Address

Cumming Georgia

Requested Loan Amount

$4,500,000

Loan Term

24 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Collateral and Loan Details

Property Type

Single Family Residence

Owner Occupied

No

Loan Type

Purchase & Ground-Up Construction

Has property been located?

Yes

Preferred Closing Date

04/30/2019

Purchase Contribution Source

Own Cash

Purchase Plan

New Construction

Property Type

Residential

Residential Property Type

Single Family Residence(s)

Commercial Property Type

Multifamily

Project Phase

Planning

Have Budget

No

Licensed Contractor

No

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Comments

Seeking a loan for a client for acquisition, development, and construction of 28 single family lots/homes. Contact me for the details.

First Name

Richard

Last Name

Feis

Phone Number

(404) 630-4040

Company

FFC Lending

Role

Mortgage Broker

Location

Marietta, Georgia

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