Ground-Up Construction Loan for 5 Luxury Townhomes in Oceanside, California

Funded by Trinity Mortgage Fund

$3,900,000

Deal Details

Private Loan Type

Residential Ground-Up Construction

Approx. Funding Date

05/21/2021

Property Type
2-4 Units Residential
Property City

Oceanside

Property State

CA

Loan Term (months)

24

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Summary

Our Borrower needed a construction loan to build five luxury townhomes in Oceanside, CA. Trinity Mortgage Fund, a direct real estate lender, provided a total loan commitment of $3,900,000 with a 24-month term. This residential ground-up construction loan was funded in May 2021.

Funded By

Trinity Mortgage Fund

Trusted and Experienced Direct Real Estate Lenders