Fix & Flip Loan for SFR in Sparks, Nevada

Funded by Arch Loans

$238,517

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

12/09/2019

Property Type
Single Family Residence
Property City

Sparks

Property State

NV

Lien Type

1st Mortgage

Payment Type

Interest Only

Loan-to-Purchase Price

100%

Deal Highlights

Arch Loans was able to provide 100% financing.

Deal Summary

Arch loans, a private lender, funded a $238,517 1st lien position loan for the acquisition of a single-family residence in Sparks, NV. This Borrower came to Arch looking for the ability to fund more deals in more states. ARCH was able to provide 100% financing for this Nevada fix and flip project. This SFR fix and flip loan was funded in December 2019.

Funded By

Arch Loans

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