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.