Single Family Residence
$136,000 hard money loan for the purchase of a single family residence in Roy, WA. This property has a multi acre lot and needed serious maintenance. After fixing the property, the single family home will be sold for around double the purchase price. This was the third acquisition financed by Arch Loans for this borrower. Thanks to the flexibility of Arch’s terms and no pre-payment penalties, the borrower is allowed more freedom to work towards Arch Gold Status rates.