SFR Purchase Utilizing Hard Money in Fontana, California

Funded by Arch Loans

$244,350

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

11/18/2019

Property Type
Single Family Residence
Property City

Fontana

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Summary

Arch Loans, a private lender, funded a $244,350 1st lien position hard money loan for the purchase of a single-family residence in Fontana, CA. This property is located on a large corner. Boarded windows and a depleted interior indicate a complete remodel is needed. Arch has funded multiple acquisitions for this Borrower. This SFR hard money loan was funded in November 2019.

Funded By

Arch Loans

Low and High Leverage Options, up to 90% of purchase price for fix & flip