Hard Money Refinance Loan for Berkeley Investment Property

Funded by Wilshire Quinn Capital, Inc.

925,000

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

03/22/2019

Property Type
Single Family Residence
Property City

Berkeley

Property State

CA

Deal Summary

Wilshire Quinn Capital provided a $925,000 refinance loan secured by a residential investment property in Berkeley, Alameda County, California. The single-family residence, located in the Northwest Berkeley neighborhood, is comprised of 2,026 square-feet on a 4,400 square-foot lot. The property has been remodeled and appraised this month for $1,800,000 so the loan-to-value ratio is 51 percent. The borrower plans to utilize the property as a full-time rental.

Funded By

Wilshire Quinn Capital, Inc.

Bridge Loans for Commercial and Residential Property Nationwide

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