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Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
05/27/2021
Property Type
Single Family Residence
Property City
Point Loma
Property State
CA
Loan Term (months)
24
Lien Type
1st Mortgage
Source of Borrower's Contribution
Cash
Deal Summary
The Borrower needed a bridge acquisition loan to fix and flip a single-family residence in Point Loma, CA. Trinity Mortgage Fund, a direct real estate lender, provided a total loan commitment of $2,100,000 with a 24-month term. This SFR fix and flip loan was funded in May 2021.
Funded By
Trinity Mortgage Fund
Trusted and Experienced Direct Real Estate Lenders